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Q2.Choose the correct option from the options below: [1 Mark] i.Depreciation of factory maintenance equipment is a period cost The factory manager's salary would be

Q2.Choose the correct option from the options below: [1 Mark] i.Depreciation of factory maintenance equipment is a period cost

  1. The factory manager's salary would be classi ed as an indirect cost of producing one unit of product.
  2. The cost of electricity for running production equipment is a conversion cost but not period cost

Option

Statement i.

Statement ii.

Statement iii.

a)

True

True

True

b)

True

True

False

c)

True

False

True

d)

False

True

True

e)

False

False

False

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