Describe what is meant by manufacturing profit? The account must include,
● direct materials
● labour and expenses
● prime cost
● indirect costs (factory overheads)
● work in progress at start and at end
● production cost
● manufacturing profit.

Answer rating: 100% (QA)

Manufacturing profit refers to the profit earned by a company specifically from its manufacturing operations Heres a breakdown of the components involved 1 Direct Materials These are the raw materials ... View the full answer