The cost to manufacture the goods produced in the financial year of the business is a function of:
Trading account
Profit and loss account
Manufacturing account
Balance sheet
In a manufacturing concern, where will the current assets be shown?
Manufacturing business create a special account, unlike retail or whole sale business do. What is the name of the account?
Real account
What do you do with opening stock in manufacturing account?
Added
Deducted
Not included
Not doing
Wages is a:
Salary
Indirect expenses
Revenue
Direct expense
Which type of records will a manufacturing business maintain?
Single
Double
Triple
No entry
What do you call the people, who are actually engaged in the production of the finished goods?
Labour
Daily labours
Direct labour
Non labour
The expense which is directly linked with the product to be manufactured is known as:
Indirect expense
Loss
What do you call supervisors in the aspect of labourism?
Indirect labour
Blue collar labour
As a manufacturer, if you buy a finished good, where will you account this?
Cost of goods produced
Finished goods
Rent account
Nominal account