what is direct expensive?
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Answer / praveen.kp
direct expenses are those expenses which are directly spent
to convert the raw material/goods into finished/final
product.
Eg:Factory Lighting & Heating.
Wages(given to Factory Labours) etc...
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / ajmal
if we can idintify the enpenditure in end prouct, that
types expenditure called direct expensive.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / b.narasimha rao
which expenses have been dierectly paticipated in
production for makeing the goods
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / parveen kumar
diret expenses are those expenses which are directly spent
to convert raw material/goods into finished/final product.
Eg: factory lighting & heating .
wages (given to factory labours) etc...
| Is This Answer Correct ? | 0 Yes | 0 No |
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I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?