Which type of cost?

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CA FINAL
52 Points Posted on 14 June 2012

hi..

Cost associated with the acquisition and convertion of material into finished product.  State the type of cost.

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On 14 June 2012 at 10:37 Report
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Article assistant
53 Points Posted on 14 June 2012

Here,  acquisition of material means material cost while conversion cost includes labour cost and factory overheads . So, the total of all the costs together is known as factory / production cost.

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On 14 June 2012 at 11:27
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Article Student
100 Points Posted on 14 June 2012

Factory Cost

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On 14 June 2012 at 11:43
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Article Student
100 Points Posted on 14 June 2012
Cost associated with the acquisition and convertion of material into finished product is FACTORY COST
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On 14 June 2012 at 11:45
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CA FINAL
52 Points Posted on 18 June 2012

Is production cost is the right answer??

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On 18 June 2012 at 11:17
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Article assistant
53 Points Posted on 18 June 2012

Ya , absolutely it is the right answer.

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On 18 June 2012 at 17:09

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