What do you do with opening stock in manufacturing account?
Added
Deducted
Not included
Not doing
Factory overhead is a:
Direct expense
Indirect expense
Income
Work schedule
As a manufacturer, if you buy a finished good, where will you account this?
Cost of goods produced
Finished goods
Rent account
Nominal account
What do you call the people, who are actually engaged in the production of the finished goods?
Labour
Daily labours
Direct labour
Non labour
What is the primary thing a manufacturer need to finish his goods?
Raw material
Expenses
Factory overheads
In a manufacturing concern, where will the current assets be shown?
Trading account
Profit and loss account
Manufacturing account
Balance sheet
Manufacturing business create a special account, unlike retail or whole sale business do. What is the name of the account?
Real account
The partially made goods at the end of the financial year are known as:
Opening stock
Closing stock
Opening stock of work in progress
Closing stock of work in progress
Goods which are partially completed at the end of the financial year is:
Work in progress
Godown goods
Consignment goods
The expense which is directly linked with the product to be manufactured is known as:
Revenue
Loss
