COST ACCOUNTING
This query is : Resolved
29 November 2008
WHETHER WAGES AND FACTORY WAGES ARE TREATED DIFFERENTLY?
WHETHER FACTORY WAGES ARE INCLUDED IN DIRECT EXP OR FACTORY EXP
WHETHER FACTORY WAGES ARE INCLUDED IN DIRECT EXP OR FACTORY EXP
29 November 2008
whether factory wages are included while calculating prime cost in cost sheet or these are included in factory overheads after prime cost to calculate factory cost.
30 November 2008
factory wages is included in direct exp and direct exp is a part of factory cost.
Aman Mirza
(Expert)
01 December 2008
Wages are two type
Direct & Indirect
1)All direct wages is part of prime cost
2) indirect wages either may be for factory, Administrative or selling and distribution cost as it identified.
Direct & Indirect
1)All direct wages is part of prime cost
2) indirect wages either may be for factory, Administrative or selling and distribution cost as it identified.
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