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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
- The factory manager's salary would be classi ed as an indirect cost of producing one unit of product.
- 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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