Cost accounting
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 March 2012
Dear All,
please explain me what is diff. b/w overheads & Expenses
please explain me what is diff. b/w overheads & Expenses
14 March 2012
Expenses are broad category, may be direct or indirect.
Expenses that are directly expended in providing a product , like freight in ward royalties, Direct labor etc called direct expenses.
All administrative, supervisory ,and selling and distribution called indirect expenses and also known as overheads.
Expenses that are directly expended in providing a product , like freight in ward royalties, Direct labor etc called direct expenses.
All administrative, supervisory ,and selling and distribution called indirect expenses and also known as overheads.
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