direct and indirect costs
- Created by: Charlottehughes
- Created on: 17-11-14 11:55
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- Direct/indirect costs.
- Direct - The costs that can be linked to a product such as the raw materials and labour used to make it.
- indirect - These are also called overheads, these are they costs that are required for a business to operate
- But are not directly related to a specific product.
- In some businesses, such as a sole trader, variable costs will be the same as direct costs;
- and fixed costs are the same as indirect costs.
- In some businesses, such as a sole trader, variable costs will be the same as direct costs;
- But are not directly related to a specific product.
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