Wages paid to a labour who was engaged in production activities can be termed as.a.imputed cost.b.direct cost.c.indirect cost.d.sunk cost.
Question
Solution 1
The wages paid to a laborer who is engaged in production activities can be termed as a direct cost.
Here's why:
A. Imputed Cost: This is a cost that is not actually incurred but is given a value in monetary terms for decision-making purposes. It's not applicable here because the laborer's wages a Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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