Classification of Indirect Expenses: 3 Types

This article throws light upon the three types of indirect expenses. The types are: 1. Factory Expenses 2. Administrative Expenses 3. Selling and Distribution Expenses. Type # 1. Factory Expenses: These overheads include all indirect expenses incurred during production, e.g., from the receipt of order until the product is complete and ready to dispatch. Factory expenses are also termed as [...]