One of the components of factory overhead is............<...
One of the components of factory overhead is............
Raw materials consumed
Manufacturing wages
Carriage inwards
Depreciation of plant and machinery
Correct answer is D
Costs that support production but are not direct materials or direct labor are considered overhead. It includes;
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\(\begin{array}{c|c} & N \\ \hline \text{Opening stock of raw materials} & 8,000\\ \text{Pur...