Ask Question
18 September, 16:08

Which category of cost includes insurance and utilities

+4
Answers (1)
  1. 18 September, 16:37
    0
    Administrative Cost

    Explanation:

    Administrative cost refers to the cost used in directing and controlling a firm, corporation or organisation. These cost includes salary and wages of employee, insurance, depreciation, postage, stationery, rent, etc.

    It is sometimes refers to as general cost. It is used in the day to day running of the business, but not directly attributable to any production process. These cost can not be categorized as either financing or distribution cost. Hence, it falls under administrative cost.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which category of cost includes insurance and utilities ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers