Manufacturing business create a special account, unlike retail or whole sale business do. What is the name of the account?
Manufacturing account
Profit and loss account
Balance sheet
Real account
The cost of manufacturing the goods produced are calculated in:
Nominal account
What is the primary thing a manufacturer need to finish his goods?
Labour
Raw material
Expenses
Factory overheads
What do you do with opening stock in manufacturing account?
Added
Deducted
Not included
Not doing
The cost to manufacture the goods produced in the financial year of the business is a function of:
Trading account
In the below list, which one is NOT included in the prime cost list?
Direct wages
Direct labour
Direct expense
As a manufacturer, if you buy a finished good, where will you account this?
Cost of goods produced
Finished goods
Rent account
Expenses relating to manufacture will be entered in:
Out of this, which one is NOT included in manufacture account?
Direct expenses
Direct materials
Transportation
What do you call supervisors in the aspect of labourism?
Indirect labour
Blue collar labour
