Manufacturing Accounts – Q & A

True Tamplin

Written by True Tamplin, BSc, CEPF®
Updated on August 14, 2021

1. What do you mean by manufacturing concern?

2. Define trading concern.

3. Define direct material.

4. Define direct labour cost.

5. Explain direct labour.

6. Explain indirect labour.

7. Define factory overhead.

8. What is prime cost?

9. What is conversion cost?

10. What is factory cost?

Related posts:

  1. What Is a Manufacturing Business?
  2. Total Cost of Manufacturing
  3. Vertical Presentation of Manufacturing Account
  4. Manufacturing Accounts – Fill In the Blanks
  5. Manufacturing Accounts MCQs

Related posts:

  1. What Is a Manufacturing Business?
  2. Total Cost of Manufacturing
  3. Vertical Presentation of Manufacturing Account
  4. Manufacturing Accounts – Fill In the Blanks
  5. Manufacturing Accounts MCQs

2 thoughts on “Manufacturing Accounts – Q & A”

  1. Are the same CGM (cost of manufacturing) and COGS (cost of good sold) ?
    How to recognize these two cost .

    Reply

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