Classify the following costs by stating whether they will belong in the prime cost or indirect manufacturing

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Classify the following costs by stating whether they will belong in the prime cost or indirect manufacturing costs section of the manufacturing account, or in the statement of comprehensive income.

● Wages of factory supervisors

● Returns inwards

● Returns outwards

● Depreciation of factory premises

● Wages of production staff

● Depreciation of delivery vehicles

● Wages of distribution staff

● Factory rent

● Royalties.

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Frank Woods Business Accounting Basics

ISBN: 9780273725008

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Authors: Frank Wood, Mr David Horner

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Question Posted: Mar 09, 2024 06:02 AM

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Classify the following costs by stating whether they will belong in the prime cost or indirect manufacturing

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Prime cost returns inwards wages of production staff ro...View the full answer

Frank Woods Business Accounting Basics

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