Difference between direct labour and indirect labour, Managerial Accounting

Assignment Help:

Difference between Direct labour and Indirect labour

Direct labour:-

Labour which plays an active and direct part in the production of a particular commodity is called direct labour. Direct labour costs are, therefore specifying and conveniently traceable to the specified product. Direct labour is also described as process labour, productive labour, operating labour, etc.

Indirect labour

Labour employed for the purpose of carrying out tasks incidental of goods produced of services provided, is known as indirect labour. Such labour does not alter the construction, composition or condition of the product. It can't be partially traced to a specific unit of o/p. Wages of store keepers, foreman, time keepers, directors fees, salaries of the salesman etc are all examples of the indirect labour costs.

 


Related Discussions:- Difference between direct labour and indirect labour

Calculate the net increase or decrease in monthly profit, Painter Ltd, whic...

Painter Ltd, which manufactures and sells a single product, is currently producing and selling 102,000 units per month, which represents 85% of its full capacity. Total monthly cos

Accounting profit, Accounting Profit is a company's sum total earnings, com...

Accounting Profit is a company's sum total earnings, computed according to Generally Accepted Accounting Principles (GAAP), and involves the explicit costs of operating business, l

Operating leverage, How do you compare two companies operating leverage? Mu...

How do you compare two companies operating leverage? Must the sales volume be set the same or the net operating income?

Characteristics of current assets, Working Capital management is affected t...

Working Capital management is affected through two characteristics of current assets that are as follows (i) short life span (ii) swift transformation in the other asset forms.

Homework.., given the above data what would the breakeven in units and doll...

given the above data what would the breakeven in units and dollars be if u wanted a necessary after tax profit of $ 36,000 (assume a 30% tax rate ) units __________ ales dollars _

Types of games, Types of games Four basic ways in which competitive sit...

Types of games Four basic ways in which competitive situations (or games) can be classified are: (a) Number of Competitors: In game theory a competitor is characteriz

Break even analysis, BREAK EVEN ANALYSIS Break even analysis is mainly us...

BREAK EVEN ANALYSIS Break even analysis is mainly used to explain the relationship between the cost incurred, the volume operated at and the profit earned. To compute the breakev

Difference between direct labour and indirect labour, Difference between Di...

Difference between Direct labour and Indirect labour Direct labour:- Labour which plays an active and direct part in the production of a particular commodity is called di

Linear programming, what areas can linear programming be applied in manager...

what areas can linear programming be applied in managerial accounting?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd