Ask Question
BusinessBusiness
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
You Might be Interested in
Number of Days Past Due Toot Auto Supply distributes new and used automobile parts to local dealers throughout the Midwest. Toot's credit terms are n/30.
Answers (1)
Which company produces the most advanced japanese tank? toyota sony mitsubishi honda
Answers (1)
If the marginal cost of production is greater than the average cost, in what direction must the average cost be changing, if any? a) The average cost must be falling. b) The average cost must be rising. c) The average cost is unaffected.
Answers (1)
If the government levies $20 billion in taxes to finance additional spending on military weapons, the net impact on total employment will be a a substantial increase in employment because the additional spending will create lots of jobs.
Answers (2)
Every year managers are given targets for categorizing their employees' performance at the end of the year. The managers are allowed 5 percent at the top, 80 percent in the middle and then 15 percent at the bottom. This company is using
Answers (1)
New Questions in Business
What is the most common work-related hazard for a room attendant
Answers (1)
What may happen if the threaded heating element in percolator is not very tightly mounted
Answers (1)
Cole is refinishing an antique china cabinet and has already spent $180 on the restoration. He expects to be able to sell the cabinet for $360.
Answers (1)
Decentralization encourages upper level management to concentrate on short-term decisions. True or False?
Answers (1)
Behavioral economist Richard Thaler has studied several examples of how businesses make use of inconsistencies in consumer decision-making.
Answers (1)
Home » Business » Which category of cost includes insurance and utilities
Sign Up Forgot Password?