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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (422)
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 Taxation interview questions  Taxation Interview Questions (1893)
 Accounting General interview questions  Accounting General Interview Questions (2783)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4354)
Question
What is the difference between Direct expenses and Indirect 
expenses?
 Question Submitted By :: Arun
I also faced this Question!!     Rank Answer Posted By  
 
  Re: What is the difference between Direct expenses and Indirect expenses?
Answer
# 1
Direct expenses are those expenses that are levied during
the production of goods. For ex. wages.

Indirect expenses are are those expenses that are levied
after the production of goods and services. For ex.
advertising, salary and office expenses.
 
Is This Answer Correct ?    476 Yes 70 No
Satyendra Gangwar
 
  Re: What is the difference between Direct expenses and Indirect expenses?
Answer
# 2
direct expenses are those expenses which can be assigned
directly to the cost units. on the other hand, indirect
expenses are those expenses which can not be directly
assigned tho the direct cost units. For ex. Rs. 100 has
been incurred for the carriage of goods in lum sum where it
canot be assigned to the cost units is indirect expense.
 
Is This Answer Correct ?    161 Yes 116 No
Gurcharan Sachdeva
 
 
 
  Re: What is the difference between Direct expenses and Indirect expenses?
Answer
# 3
DIRECT EXPENSES ARE LEVIED DURING THE PRODUCTION OF GOODS ,

example: POWER & FUEL, WAGES, OIL, ETC.,

INDIRECT EXPENSES ARE LEVIED AFTER THE PRODUCTION OF GOODS.

example: DEPRECIATION, INTEREST ON CAPITAL,PROVISION FOR
DEPRECIATION, ETC.,
 
Is This Answer Correct ?    209 Yes 36 No
Vinotha.v
 
  Re: What is the difference between Direct expenses and Indirect expenses?
Answer
# 4
Direct expense is an expense which is incurred with
manufacture of a product. For Eg: Purchase of raw
materials, factory labour, factory wages, electricity
expense incurred in factory ie., on running machinery,water
etc.

Indirect expense also called as overhead are additional
expenses which are incurred on bringing a product to final
customer.

Eg: Sales and Distribution, Office Salary, expenses on
support services, office electricity, office water,
printing and stationery, outsourcing expenses, advertising
expenses etc.
 
Is This Answer Correct ?    153 Yes 19 No
Vinay
 
  Re: What is the difference between Direct expenses and Indirect expenses?
Answer
# 5
Direct Expenses are those expenses which affect the gross
profit and are taken in the Manufacturing or Trading
Account , whereas the Indirect Exopenses are those expenses
which does not affect gross Profit and this expenses are
not taken to Trading Account and are taen in Profit and
Loss Account.
 
Is This Answer Correct ?    86 Yes 24 No
Amit Bang
 
  Re: What is the difference between Direct expenses and Indirect expenses?
Answer
# 6
direct expences are expences which can directly be
allocated to a cost unit or cost center.THey are directly
related to production
 
Is This Answer Correct ?    66 Yes 21 No
Pulkit
 
  Re: What is the difference between Direct expenses and Indirect expenses?
Answer
# 7
Direct expenses are those expenses that are levied during
the production of goods. For ex. wages.

Indirect expenses are are those expenses that are levied
after the production of goods and services. For ex.
advertising, salary and office expenses.
 
Is This Answer Correct ?    62 Yes 14 No
Ali Ahmad
 
  Re: What is the difference between Direct expenses and Indirect expenses?
Answer
# 8
Direct Expenses
Expenses which are incurred for the specific product or
services and are directly charged by them are called direct
expenses.

Indirect Expenses
Expenses or cost which are not being attributed directly to
a particular product or services are called indirect cost.
 
Is This Answer Correct ?    41 Yes 14 No
Rohan
 
  Re: What is the difference between Direct expenses and Indirect expenses?
Answer
# 9
Direct Expenses
Expenses which are incurred for the specific thing and are
directly charged by them are called direct expenses.
Eg: Raw Material for maufacture of product.

Indirect Expenses
Expenses or cost which are not being attributed directly to
a particular thing are called indirect cost.
Eg: Selling expenses
 
Is This Answer Correct ?    27 Yes 20 No
Sanjay
 
  Re: What is the difference between Direct expenses and Indirect expenses?
Answer
# 10
Direct Expneses relate with Production, for example Raw
Material cost is Rs. 80/- freight cartidge Rs. 20/- and
Labour expnese Rs. 30/- the total production expenses will
be Rs. 130/- and the freight and labour expenses will be
considered as Direct Expenses. The Formula for GP (Gross
Profit is Opening stock + Purchase -Sale+Closing Stock-
Direct Expnese = GP, then for NP GP+Indirect Income -
indirect Expneses = NP, then it will be distributed between
partners to affect their Capital Value.

INDIRECT EXPNESES : After finished product is ready, the
cost of ADVERTISING and Business Promotion expenses for
that product will be add up in Indirect Expnese. other
examples fo indirect expenses are Printing and Stationary
Exp, Telephone Exp. Office Expneses etc.
 
Is This Answer Correct ?    57 Yes 9 No
Pawan Rohira
 

 
 
 
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How much percentage of discounts lost did you have in accounts payable ?percentage increased or decreased?   1
 
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