The cost incurred by departments that support the product...
The cost incurred by departments that support the production departments with such activities as maintenance, production control and storage are called?
Autonomous costs
Service costs
Supporting cost
Subsidiary costs
Correct answer is B
Service costs are the costs incurred to provide or deliver a service. They have the element of manufacturing cost but are not directly involved in production. They include cost such as the use of power and water; fee for use of furniture carpeting/curtains, costs such as cleaning of common areas, costs of concierge or maintenance of common garden.
Given: I. Cash refunds II. Debit note issued III. Dishonored cheque IV...
The two column cash book records ...
The equivalent of a club's receipts and payment account is the? ...
The two legally recognized professional accounting bodies in Nigeria are the ...
The document prepared by the buyer and sent to the seller listing the items to be supplied is ...
Recurrent expenditure of government is paid from ...
The account which refers to the tangible assets of a company that is of permanent nature is the ...
\(\begin{array}{c|c} & ₦\\ \hline \text{Opening debtors} & 40,000\\ \text{Opening creditor...