WorksheetsDirect and Indirect Cost
Total questions: 16
Worksheet time: 16mins
The cost directly linked to the making of a product or service.
financial cost
direct cost
indirect cost
company cost
Is it a direct or indirect cost?
Computers
Direct Cost
Indirect Cost
Is it a Direct or Indirect Cost?
Labor
Direct Cost
Indirect Cost
Direct costs are...
Costs that do not change with output
Costs directly involved with making the product
Costs that are essential but not directly related to manufacturing
money spent on a regular basis
Indirect costs are...
Costs that do not change with output
Costs directly involved with making the product
Costs that are essential but not directly related to manufacturing
money spent on a regular basis
Fixed Costs are the same as Indirect Costs
True
False
The formula for Total Cost is
Total Cost = Fixed Cost + Variable Costs
True
False
Direct Cost or Indirect Cost?
Staff Uniform
Direct Cost
Indirect Cost
Direct Cost or Indirect Cost?
Cake Flour
Direct Cost
Indirect Cost
Span has 10 workers. Each worker is paid $5,000.00 every month. Workers wages/salary is an example of a ___.
Fixed Cost
Variable Cost
Materials used to produce goods are an example of ___.
Fixed Costs
Variable Costs
Nicole has rented a building to setup her factory. Rent is an example of a ___.
Fixed Cost
Variable Cost
Fixed or Variable?
Office rent
Fixed
Variable
Fixed or Variable?
Insurance
Fixed
Variable
A loan payment is a fixed expense.
True
False
