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

What are the disadvantages of ratio analysis, Disadvantages of ratio analys...

Disadvantages of ratio analysis 1) False results: ratios are based upon the financial statement. In case financial ratio is incorrect or the data upon which ratios are based

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 _

Introduction to performance evaluation, Introduction to Performance Evaluat...

Introduction to Performance Evaluation Performance evaluation deals with the area of MA that is concerned with: 1) Holding individual managers responsible for certain aspect

Excel formulas, I only need the formulas in excel put in.

I only need the formulas in excel put in.

Explain the methods of pricing, Explain the Methods of pricing The fol...

Explain the Methods of pricing The following methods are used for intra company transfer pricing: 1) Total cost method: transfer is made at absorption cost which is the t

Types of cost classifications, can you better explain to me the classificat...

can you better explain to me the classification by traceability and the classification by function?

Accounting 601, need help with a master budget and assumptions for project

need help with a master budget and assumptions for project

Chapter 2 problem 2-23 T-Accounts;applying overhead, solution to problem 2-...

solution to problem 2-23,T-Accounts;applied overhead of Kleinman Company is a manufacturing firm and employess a job-order costing system.

State the target pricing method, Rate of return or target pricing method ...

Rate of return or target pricing method Under this method of price determination first of all a rate of return desired by the enterprises on the amount of profit capital inves

Input-exogenous variables, Input or exogenous variables These are varia...

Input or exogenous variables These are variables of two types: 1) Controlled variables: These are variables that can be controlled by management. By changing the input

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