Thank you so much for these. I passed my FA exam a few weeks ago thanks to your lectures.
I might be getting mixed up here with accounting principles (after doing the FA exam), but you mention in the lecture that delivery to customers comes under non- manufacturing costs. I though carriage outward was something that was not recognised by a business.
Is it just the case that they are accounted for in terms of planning as the business still have to pay for it?
What will be the unit cost of the farmer who produces 1. a maize in Kgs, broilers and layers?I think insurance of the factory is the overheads,I’m I correct?
Joshua7981 says
Hi John,
Thank you so much for these. I passed my FA exam a few weeks ago thanks to your lectures.
I might be getting mixed up here with accounting principles (after doing the FA exam), but you mention in the lecture that delivery to customers comes under non- manufacturing costs. I though carriage outward was something that was not recognised by a business.
Is it just the case that they are accounted for in terms of planning as the business still have to pay for it?
Thanks
Joshua
(From Belfast NI)
John Moffat says
Carriage outwards is an expense, and all expenses have to be recorded by businesses 馃檪
Geet.S says
Shouldn’t Builder’s cost unit be per square meter?
njivan28 says
What will be the unit cost of the farmer who produces 1. a maize in Kgs, broilers and layers?I think insurance of the factory is the overheads,I’m I correct?
mannannagpal says
Are wages of maintenance men and depreciation of machines fixed production overheads or variable production overheads?
mannannagpal says
Is rent of offices an administration cost? If not, then what type of non-production cost is it?
John Moffat says
Yes, it is administration.