llllVICTORllll (Internal Auditor) (511 Points)
22 October 2012Hi Friends
I need your help to decide which of the below may be considered as Direct expense and which of them are indirect expense to a manufacturing company
| Software expense |
| Research and development expense |
| Factory Stationary |
| Staff Tour expense |
| Environmental expense |
| Festival Allowance-Factory |
| Insurance to machinery-Factory |
| Lab Expenses |
| Importation expenses |
| Travelling expenses- Factory Staff |
| Fuel for Genset Factory |
| Discount received |
Souvik Kumar Ghosh
(CA Final)
(1368 Points)
Replied 22 October 2012
In my opinion the following are direct expenses:
Importation expenses- If for import of direct materials
Travelling expenses- Factory Staff: If it is incurred to bring the direct materials to the factory
Other exp r indirect exp
Regards
Ramesha.M
(Accountant)
(800 Points)
Replied 29 October 2012
Dear sir,
Software expense - Indirect expen
Research and development - Indirect expenes
Factory Stationary - Direct Expenses
Staff Tour expense - Indirect Expe
Environmental expense - Indirect expe
Festival Allowance - Indirect expe
Factory Insurance to machinery-Factory Lab Expenses Importation expenses
Travelling expenses- Indirect Expe
Factory Staff Fuel for Genset Factory- Direct Expenses
Discount received - Indirect income
wait for others replay
work is worship
(Service)
(2728 Points)
Replied 29 October 2012
In my opinion the following are direct expenses
a.) Importation expenses
b.) Travelling expenses - Factory
c.) Fuel to Genset - Factory
Ramesha.M
(Accountant)
(800 Points)
Replied 30 October 2012
Dear sir,
How Discount received is indirect expenses?
CAclubindia
