In element-wise classification of overheads, which one of the following is not included —
A. Fixed overheads
B. Indirect labour
C. Indirect materials
D. Indirect expenditure
Answer: Option A
Solution(By Examveda Team)
In element-wise classification of overheads, Fixed overheads is not included. The fixed overheads do not vary in total in a certain level of production.Related Questions on Costing
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