Mention True or False: 1) Repair costs of plants are non-manufacturing cost 2) Salary of the person
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Question:
- Mention True or False:
- 1) Repair costs of plants are non-manufacturing cost
- 2) Salary of the person who coordinates between finished goods is house and the Whole seller will be the part of Manufacturing cost
- 3) Total WIP is equal to Raw material available for use + Raw material ending -Direct Labour + FOH+WIP opening
- 4) Property tax of factory is a period costs
- 5) Microchip used in producing calculator is no manufacturing costs]
- 6) Ink used in textbook production is a period cost.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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