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Describe what is meant by manufacturing profit? The account must include, direct materials labour and expenses prime cost indirect costs (factory
Describe what is meant by manufacturing profit? The account must include,
● direct materials
● labour and expenses
● prime cost
● indirect costs (factory overheads)
● work in progress at start and at end
● production cost
● manufacturing profit.
● direct materials
● labour and expenses
● prime cost
● indirect costs (factory overheads)
● work in progress at start and at end
● production cost
● manufacturing profit.
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Step: 1
Manufacturing profit refers to the profit earned by a company specifically from its manufacturing operations Heres a breakdown of the components involved 1 Direct Materials These are the raw materials ...
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Step: 3
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Accounting For Cambridge International AS And A Level
Authors: Jacqueline Halls Bryan, Peter Hailstone
1st Edition
0198399715, 978-0198399711
