hi..
Cost associated with the acquisition and convertion of material into finished product. State the type of cost.
Menu
Which type of cost?
Replies (5)
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.
Factory Cost
Cost associated with the acquisition and convertion of material into finished product is FACTORY COST
Is production cost is the right answer??
Ya , absolutely it is the right answer.
Recent Threads
- Taxation on Bonds
- How to learn about a deceased family member's inve
- Has Anyone Tried Study4Exam for Exin Certified Dat
- Query about cash withdrawals and tax/ITR filing im
- TDS on partners remuneration u/s 194 T
- Income Tax Financial Year 2025-26
- GST Rate RCM
- AI in ERP and System Audits - Why Auditors Should
- Can updated return be filed having salary income a
- Save LTGC on land sale
Related Threads
CAclubindia
