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Commerce · Q241

Miscellaneous in Commerce

Graduate and Post Graduate · Commerce · question 241

Q241

Manufacturing costs are also known as product costs. Which of the following best describes those costs which are considered to be manufacturing costs?

A.
Direct materials, direct labour, and factory overhead
B.
Direct materials and direct labour only
C.
Direct materials, direct labour, factory overhead and administrative overhead
Answer
D.
Direct labour and factory overhead

Answer: Option C

Solution

Answer: Option C
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