Distinguish between Direct and indirect costs.

Management Accounting Block Revision Mock Exams

Direct costs: these are resources or costs that can be charged to a specific unit of production, as they are incurred to produce it e.g. direct labour, direct raw material and direct expenses so as hire of special equipment.

Indirect costs: are costs incurred for the activities of a whole organization and cannot therefore be identified with a specific unit of production for example, rents, rates, electricity etc.

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