ExamVeda
Login
Home

Wages paid to a labour who was engaged in production activities...

This question belongs to Commerce Costing
Costing
?

Wages paid to a labour who was engaged in production activities can be termed as _______.

Answer & Solution
Correct Answer: Option A
Wages paid to a labour who was engaged in production activities can be termed as direct cost. A direct cost is a price that can be completely attributed to the production of specific goods or services.
Examveda
Question posted by Examveda
Community

Join the Discussion

1 Comment
Logesh Ragul
Logesh Ragul 6 years ago
Nice
Keep Learning

Related Questions on Costing

Basic objective of cost accounting is ________
A. tax compliance. B. financial audit. C. cost ascertainment. D. profit analysis.
Process costing is suitable for ________.
A. hospitals B. oil refing firms C. transport firms D. brick laying firms
Cost classification can be done in ________.
A. two ways B. three ways C. four ways D. several ways
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost B. historical cost C. sunk cost D. shutdown cost
More Related Questions on Costing