The Relevant Range Managerial Accounting
Share your inquiries now with community members Click Here
Sign up Now
Lessons List | 26 Lesson
Comments
Related Courses in Business
Course Description
The concept of direct and indirect cost is of basic importance in costing. Costs which are easily and directly allocated to products or units are termed as direct cost. ... In the process of manufacturing of a product, materials are purchased, wages are paid to labour, and certain other expenses are also incurred directly.What are the five cost concepts?
Besides the concept of opportunity cost, there are several other concepts of cost namely fixed costs, explicit costs, social costs, implicit costs, social costs, and replacement costs. Hence there are several different types of concepts of cost, which have been discussed in the following.What is the basic concept of cost concepts?
The cost concept demands all assets to be recorded in the books of accounts of the prices at which they were bought. This involves the cost incurred for transportation, installation, and acquisition. ... The word 'cost' is also known as 'money cost', which is linked with the capital expenditure of a company.
Trends
MS Excel
Data Entry
Python programming language
WordPress Admin Dashboard Management
Marketing Fundamentals for beginners
Learning English Speaking
Excel Course Basic to Advanced
Facebook business Page optimization strategies
Creating YouTube Channel for beginners
Hacked Facebook Account Securing
AWS terraform techniques
Off Page SEO techniques
AUTOMATA THEORY
Facebook advertising cost management techniques
Formation efficace à l écoute de l anglais des débutants aux experts
Photoshop text masking effect methods
Google Ads audience targeting essentials
Python Crash Basics
Excel VBA
Amazon Business account creation strategies
Recent
Snapchat marketing for business
Google Payment methods for beginners
Google display advertising in english
Phrase match type In google Ads
Call extensions in google Ads for beginners
Facebook hacked account recovery methods
Recover facebook password with Phone number
LinkedIn videos downloads methods
Increase youTube subscribers ways for beginners
Seo Keyword research strategies
YouTube Facebook Page Linking fundamentals
Instagram videos downloads methods
Pinterest account creation fundamentals
Hacked Facebook Account Securing
Amazon Business account creation strategies
Tik Tok business account creation for ads
Accessing gmail without sharing passwords
Flipkart Seller account setup essentials
Creating Twitter Video Ads for beginners
Facebook business Page optimization strategies