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Hello Mr John,
why in Bpp Q 1 1.9 mcq for total factory cost they did not add the Marketing and administrative costs,
Thanks,
I am away from home until Tuesday and I do not have the BPP Revision Kit with me.
However, factory cost is only costs incurred within the factory (i.e. costs of production). Marketing and admin costs are not costs of production and are not costs in the factory (it is the factory that does the producing).
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