Question

0] Explain
the elements of cost
elemet in accounting​

Answer 1

There are material, labour and expenses.again ,these elements of cost are divided into two categories such as Direct material and indirect labour, direct expenses and indirect expenses. All direct material, direct labour and direct expenses are added to get prime cost.

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Answer 2

Explanation:

HLW MATE HERE IS YOUR CORRECT ANSWER....

A cost is composed of three elements – Material, Labour and Expenses. Each of these three elements can be direct and indirect, i.e., direct materials and indirect materials, direct labour and indirect labour, direct expenses and indirect expenses.......

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