Work in expense in MCW

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Aug 6th, 2022
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How to work in expense in MCW

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about cost accounting mcq on job question and badge president first institute the production operations of the most businesses can be categorized as the order and continue operation second specific order costing method are applications for the organization which produce cost units which are separately and defined from the another functioning the above statement is correct and this statement is incorrect the answer is often a this statement is a currency identifies the type of specific order questing specific order costing me two types of first job question and second base question the answer is option b and b fourth job costing is a used when a business enters carrier out the task or job to meet a specific customer order that is a statement is the truth answers often being eight a job is a course you need which consists of a single order or contract this statement is true next this block questioning is used when a business and their carrier out the task or jobs to meet the specific cus

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Direct expenses are also called chargeable expenses. Chargeable expenses are any costs that your agency or client has agreed to reimburse to you.
These includes depreciation, rent, electricity, insurance, taxes, repairs and maintenance, etc. The cost of production includes all the direct and indirect cost, including the material, labour and other expenses, i.e., production cost, factory cost and office or administration cost.
Cost of goods sold (COGS) refers to the direct costs of producing the goods sold by a company. This amount includes the cost of the materials and labor directly used to create the good.
Cost of goods sold (COGS) is defined as the direct costs attributable to the production of the goods sold by a company.
Direct expenses are those which rely on the manufacture and sale of products or services by a company. Examples of direct expenses are wages, customs duty and excise duty. Indirect expenses are those that a company must pay to keep its business running smoothly.
Direct costs (also known as costs of goods soldCOGS) are the costs that can be completely attributed to the production of a specific product or service. These costs include the direct expenses for materials used to create the product, and potentially any labor costs that are exclusively used to create the product.
Indirect Cost Rate. Indirect costs include costs which are frequently referred to as overhead expenses (for example, rent and utilities) and general and administrative expenses (for example, officers salaries, accounting department costs and personnel department costs).
Indirect expenses is also called overhead.

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