what is direct and indirect expense
indirect
give the full chart of the direct and indirect expenses . detail about this
insurance is an indirect expense.............
Sales commissions are direct expenses. Direct expenses are those that used to directly run a business like labor, materials products services and more. Indirect expenses are the costs of doing business and include things like rent, insurance, depreciation and more.
indirect-expense
what is direct and indirect expense
indirect
give the full chart of the direct and indirect expenses . detail about this
insurance is an indirect expense.............
Sales commissions are direct expenses. Direct expenses are those that used to directly run a business like labor, materials products services and more. Indirect expenses are the costs of doing business and include things like rent, insurance, depreciation and more.
yes it is an indirect expense
"If selling personnals have received the salary then it is selling expense but generally it is considered as administration expense." Nonprofits are often concerned with distinguishing between program (direct) and administrative (indirect) expense. In general, salaries of program staff are considered a direct expense of that program. Salaries for administrative staff who don't have direct service functions are considered indirect. Some administrative staff may also do direct service and in that case, their salaries may be divided based on the proportion of direct and indirect work they complete.
A direct cost example is the medical expense claim, and an example of an indirect cost is the lost productivity of the injured employee AND the staff who has to process the claim.
Indirect costs are costs that are not directly accountable to a cost object (such as a particular function or product). Indirect costs may be either fixed or variable. Indirect costs include taxes. 1. Salary & Bonus 2. Rent Paid 3. Advertisement & Publicity 4. Electricity Charges 5. Traveling Expenses 6. Telephone Bill 7. Printing & Stationary 8. Postage & Telegram 9. Computer.
rent is an expense while outstanding rent is a liability
Facilities Expenses - Rent, Utilities, Maintenance, InsuranceEquipment Expenses - Maintenance and Repair, DepreciationSelling Expenses such as AdvertisingOperating Expenses such as Telephone, Office Expense and Indirect LaborCosts that add no value to product such as Shipping, Warehousing, and Quality Control