Question
Ques. 1. List elements of the cost and briefly explain Direct Labor and Indirect Labor. Ques 2. What overhead consists of (overhead equation) and briefly
Ques. 1. List elements of the cost and briefly explain Direct Labor and Indirect Labor.
Ques 2. What overhead consists of (overhead equation) and briefly explain Overhand elements in a factory.
Ques 3. Indicate overhead elements in sales and distribution.
Ques 4. Classify the following items into factory, office and administration and selling and distribution overheads:
1. Packing expenses 6. Consumable stores 2. Advertising 7. Cost of normal idle time 3. Audit fees 8. Travelling and entertainment expenses 4. Salary of storekeeper 9. Postage and stamps 5. cost of sample 10. Market research expenses
Ques 5. Classify the cost categorise and sub-categories.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started