The expense which is directly linked with the product to be manufactured is known as:
Revenue
Indirect expense
Direct expense
Loss
What do you do with opening stock in manufacturing account?
Added
Deducted
Not included
Not doing
In the below list, which one is NOT included in the prime cost list?
Direct wages
Direct labour
Factory overheads
What do you call the people, who are actually engaged in the production of the finished goods?
Labour
Daily labours
Non labour
What is the primary thing a manufacturer need to finish his goods?
Raw material
Expenses
Goods which are partially completed at the end of the financial year is:
Work in progress
Finished goods
Godown goods
Consignment goods
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
Manufacturing business create a special account, unlike retail or whole sale business do. What is the name of the account?
Real account
Wages is a:
Salary
Indirect expenses
Out of this, which one is NOT included in manufacture account?
Direct expenses
Direct materials
Transportation