Packing materials, printing \& stationery, etc. are examples of a. Indirect materials b. Direct wages c. Direct material d. Indirect wages/ labor The substance from which the finished product is made is known as a. Indirect material b. Direct material c. Direct expenses d. Direct wages Cost Classification on the basis of nature are.. a. fixed cost, variable cost and semi variable cost b. direct and indirect cost c. manufacturing cost and commercial cost d. material labor and expenses Cost accounting aims at a. Determining selling price b. Provide financial information c. Used for external purpose d. Statement of accounting information Wages paid to carpenter, fees paid to doctor, etc., are the examples of a. direct material b. indirect wages c. direct wages d. indirect material Printing \& stationery, Brooms, Dusters, etc. are the examples of indirect wages at selling at distribution level True False Office rent, office insurance, office lighting, etc. are examples of direct wages. True False