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What is indirect materials and indirect manufacturing costs in cost accounting?

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What is indirect materials and indirect manufacturing costs in cost accounting?
posted Jun 21, 2017 by Divya Shree

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Indirect materials such as oil for greasing the baking pans, etc. will likely be viewed as part of the manufacturing supplies and will be allocated to products along with other manufacturing overhead.

Indirect manufacturing costs are a manufacturer’s product costs other than direct materials and direct labor. Indirect manufacturing costs are also referred to as manufacturing overhead, factory overhead, factory burden, or burden

answer Jun 22, 2017 by Ananya Saha
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