7/28/09

Manufacturing Accounts

Test Your Knowledge on Manufacturing account:

  1. Is the Manufacturing account an internal management account? If yes,what is the purpose of producing such report?
  2. What types of cost are included in a manufacturing account?
  3. What is "prime cost" What is factory cost?
  4. What is the purpose of apportioning overheads?
  5. What is a profit centre
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