distinguish between direct and indirect costs in education
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Explanation:
Direct Cost benefits the single product or project. Conversely, Indirect Cost benefits multiple product or projects. The total of all the direct cost results in prime cost whereas the result of all the indirect cost is known as overheads. Direct Cost is traceable while Indirect Cost is not.
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Answer:
Direct Cost benefits the single product or project. Conversely, Indirect Cost benefits multiple product or projects. The total of all the direct cost results in prime cost whereas the result of all the indirect cost is known as overheads. Direct Cost is traceable while Indirect Cost is not.
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