Q318
An overtime is considered in cost accounting as
A.
indirect costs
B.
overhead costs
C.
premium costs
D.
both a and b
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
An overtime is considered in cost accounting as indirect costs and overhead costs. Work performed by an employee or worker in excess of a basic workday ( typically 8 hours a day, 5 days a week) is overtime.