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Question 10 1 pts Which of the following is an example of administrative cost within a manufacturing Enterprise? O A. Salaries of factory equipment O
Question 10 1 pts Which of the following is an example of administrative cost within a manufacturing Enterprise? O A. Salaries of factory equipment O B. Depreciation of office equipment O C. Factory rent O D. Delivery vehicle instalment Question 11 1 pts With reference to accounting for steel processing operations in your company, steel purchased for production purposes is an example of? O A. Finished goods O B.Factory overheads, O C. Work-in-process O D. Direct materials 1 pts Question 12 To which of the following accounts will all indirect manufacturing costs be posted to? O A. Manufacturing overheads account O B. Work in process account O C. Direct labour account O D. Direct material account The following information relates to questions 3 and 12 You are the cost accountant of Prime Steel Technologies (Pty) Ltd and you are busy accounting for various costing activities such as direct and indirect material, inventory valuation, EOQ, absorption rates, and assigning service costs Answer questions 3 to 8 below
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