Cost Accounting Question:
Download Job Interview Questions and Answers PDF
Define indirect manufacturing costs under traditional cost accounting?
Answer:
Under traditional cost accounting, the indirect manufacturing costs are spread or allocated to the products manufactured based on direct labor hours, direct labor costs, or production machine hours. However, in recent decades the indirect manufacturing costs have increased significantly and are less likely to be caused by the quantity of direct labor or production machine hours.
Download Cost Accounting Interview Questions And Answers
PDF
Previous Question | Next Question |
Define in-direct materials in cost accounting? | List some examples of indirect manufacturing costs? |