wages paid to labourers is an example of what
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Cash Wages:
Cash wages refer to the wages paid to the labour in terms of money. The salary paid to a worker is an instance of cash wages.
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Wages paid to laborers are an example of explicit cost.
- The wages that are paid to labor who are involved in production projects can be called a direct cost.
- It is a typical price of a business that seems in the usual cartulary and also has a direct influence on the benefit of the company which includes utilities, salaries, raw material, and other direct costs.
- It embraces corporeal assets and financial transactions and it results in actual business eventualities.
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