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 Topic
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
- Return filing for intervening period upto date of
- EPF Withdrawal taxation
- While e filing otp not generating
Related Topics
CAclubindia
