Q66
Which one of the following is not considered for preparation of cost sheet?
A.
Factory cost
B.
Goodwill written off
AnswerC.
Labour cost
D.
Selling cost
Answer: Option B
Solution
Answer: Option B
Solution:
Goodwill written off is not considered for preparation of cost sheet. A firm will write off goodwill when it wants to shrink the balance sheet and if it thinks that the goodwill doesnt represent anything.