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(Querist)
17 April 2015 In the chapter investment decisions, in one of the questions of practice manual, there's this line,"factory overheads include apportionment of general factory overheads except to the extent of insurance charges of 30lacs p.a. payable on this venture." What does this line mean?
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sanjana linga

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sanjana linga (Querist)
17 April 2015 Also, in the note it says apportioned factory overheads are irrelevant. I have not understood why.
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