Direct expenses are expenses that can be directly identified with a specific cost unit or cost center.Question 13AnswerTrueFalse

Direct expenses are expenses that can be directly identified with a specific cost unit or cost center.Question 13AnswerTrueFalse

The amount by which a department's sales exceed its cost of goods sold and direct expenses is:

overerhead cost is the total of .a.all specific costs.b.all indirect costs.c.indirect and direct costs.d.all direct costs.

A company has sales of $107,000; cost of goods sold of $68,870; and total direct expenses of $7,420. The department’ contribution to overhead is:

Office and administrative expenses can be charged on the basis of .a.labour cost.b.factory cost.c.material cost.d.prime cost