Is production cost includes indirect cost(indirect material,indirect labour,indirect expenses)??or only includes direct cost cost(d.material,d.labour,d.expenses)..please explain with examples...
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cost classification
10y ago#1Production cost includes indirect costs of production i.e. indirect costs (overheads) occurred in the factory.
All of this is explained (together with examples) in my free lectures.
(Our free lectures are a complete course for Paper F2 and cover everything needed to be able to pass the exam well.)
ok..can you tell me in which paper of ACCA we study partnership accounts and adjustments of Final Accounts...??
10y ago#3Partnership accounts are not examinable (they were removed from the syllabuses many years ago).
Adjustments to accounts are dealt with throughout Paper F3.
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