Accounts - Principles of Accounts Questions
Question 2156:
The manufacturing account is prepared to determine the cost of
- A Trading
- B Production
- C Factory overhead
- D Raw materials
View Answer & ExplanationQuestion 2157:
The manufacturing account is prepared to determine the cost of
- A Trading
- B Production
- C Factory overhead
- D Raw materials
View Answer & ExplanationQuestion 2158:
Factory costs excluding prime cost is
- A Overhead
- B Material cost
- C Fixed cost
- D Administration cost
View Answer & ExplanationQuestion 2159:
An example of direct expenses is
- A Insurance
- B Carriage inwards
- C Purchases of raw materials
- D Royalty
View Answer & ExplanationQuestion 2160:
Which of the following is not shown in the trial balance?
- A Opening stock
- B Closing stock
- C Discounts allowed
- D Discounts received
View Answer & Explanation