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Topic: |
Business
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Number of pages / Number of words: |
12 / 3355 |
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For example, salaries of timekeepers, storekeepers and foremen. Also certain expenses incurred for running the administration are the indirect costs. All of these cannot be conveniently allocated to production and hence are called indirect costs. Again taking the leather sofa example to illustrate indirect costs, the salaries that are paid to the management do not affect the cost of producing the sofa itself even though they are associated with the production of the sofa...
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Again taking the leather sofa example to illustrate indirect costs, the salaries that are paid to the management do not affect the cost of producing the sofa itself even though they are associated with the production of the sofa.
Cost behaviour:
Cost behaviour is the way in which costs per unit of output are affected by
fluctuations in the level of activity...
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General points of the essay
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