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cost classification

This topic has 3 replies, 2 voices, and was last updated 8 years ago by John Moffat.

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June 12, 2016 at 8:20 pm #322639
tahajaffri
Member
- Topics: 27
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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…
June 13, 2016 at 5:41 am #322672
John Moffat
Keymaster
- Topics: 57
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Production 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.)
June 14, 2016 at 7:29 pm #322936
tahajaffri
Member
- Topics: 27
- Replies: 24
ok..can you tell me in which paper of ACCA we study partnership accounts and adjustments of Final Accounts…??
June 15, 2016 at 5:27 am #322967
John Moffat
Keymaster
- Topics: 57
- Replies: 54439
Partnership 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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