How Many kind of expenses or Income will come under direct
expenses or Income ?
- 5 Answers
- 22131 Views
- FedEx, I also Faced
- E-Mail Answers
Answer Posted / ali imran
All controllable expenses or variable/Marginal expenses are called direct expenses.These expenses increases with activity level so called variable. (i.e more units sold more income derived, More worker hired more wages are paid, Depreciation calculated on units is also direct expense)
All Uncontrollable expenses or fixed expenses are called indirect expenses. These expenses does not increase with activity level so called fixed.( i.e a fixed rate is provided as depreciation is must weather or not new asset is purchased, Subject is rate not amount)
Subject to a reasonable activity level 100% and a particular period of time (i.e 1 year).
| Is This Answer Correct ? | 8 Yes | 0 No |
Post New Answer View All Answers
Queries for Big4 Articleship : Whether son of CA in practice effects chances.
A sample book on interviews is ready for free circulation with 7 chapters i.e Journal entries helpful for various occassions,Terminology,Abbreviations,Test your terminology,Multiple answers, Fill in blanks and Income tax send your requisition for Free Book Immediately to satyaki_raju@yahoo.co.in
Define the word Profit in terms of business
what do u mean by single error and double error in accointing errors?
euro currency market
Why in partnership fundamental question will add Partnership salary for the year and per month salry add in the cr. Side of the p/l app a/c
Clasify Loss
explain about mergers & aquisitions? asked on 30/7/09
We did promotion activity for X co that co is our client ( S Dr) which we sold tickets through our vendor through out north india ... But those vendors adjusted cash with thir bill and remaining balance we received ,, Ticket amount we paid from our co Bank A/c to our client (S Dr) .the amount is too huge so how can i sort out this in books of acconts ..............
Truck # 3 has a list price of 16000. It is acquired in exchange for a computer system that company A caries in its inventory. The computer system cost 12000 and is normally sold by company A for 15200. Pass the journal for the same.
let me know the meaning and Nature of cash
what is the subprime?explain it.
what are responsibilities of an accountant in a company?
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
What are the things are not Included in Annual Reports?
