Question

Indirect material + Indirect labour + Indirect ex =
Ops: A.Prime cost
B.Over head
C.Direct cost
D. Production cost​

Answer 1

indirect material +indirect labour +indirect ex = prime coast

Answer 2

Concept: To choose from the given options

Given: A few hints and options

Find: The correct definitions of the given statement

Solution: The correct answer to the options is "Overhead".

• Therefore, the correct option is an option (b) OverHead

• Overhead means indirect costs are for multiple cost units.

• Overhead = Indirect material + Indirect Labour + Indirect Expenses

• Examples of overhead costs are rent, administrative costs etc.

Hence, now we know about the Overhead costs

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