Vidyalelo
Commerce · Q57

Costing

Graduate and Post Graduate · Commerce · question 57

Q57

Wages paid to a labour who was engaged in production activities can be termed as _______.

A.
direct cost
Answer
B.
indirect cost
C.
sunk cost
D.
imputed cost

Answer: Option A

Solution

Answer: Option A
Solution:
Wages paid to a labour who was engaged in production activities can be termed as direct cost. A direct cost is a price that can be completely attributed to the production of specific goods or services.