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In element-wise classification of overheads, which one of the following is not included —

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In element-wise classification of overheads, which one of the following is not included —
  • AFixed overheads
  • BIndirect labour
  • CIndirect materials
  • DIndirect expenditure
Correct answer: A

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Fixed overheads

In element-wise classification of overheads, Fixed overheads is not included. The fixed overheads do not vary in total in a certain level of production.