by: Admin_LouisPosted on:

_________ are cost of formulating policy, directing and controlling operations not related directly to production, selling, distribution or research and development.

_________ are cost of formulating policy, directing and controlling operations not related directly to production, selling, distribution or research and development.
Administartive overhead
Production overhead
Research and Development overhead
Selling overhead

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  1. ________ is the cost of sequence of operations which begins with supplying materials, labor and services and ends with the primary packing of the product.
  2. _______ variable costs are those variable costs which are directly related to the production or sales level
  3. ________ measures the efficiency of the firm in utilization of capital employed to generate income.
  4. _______ are costs of seeking new ideas, materials, methods of production and improved products and the development and design of such ideas so that they can be applied to formal production.

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