MANUFACTURING (Basic Level) State whether the following are true or false 1. Fixed costs remain unchanged in relation to the number of units produced within a period of time. 2.The salary of the factory foreman will be regarded as a direct labor cost. 3. Factory rent will be regarded as a variable cost. 4. Prime cost is calculated by adding direct-material cost and direct labor cost. 5. Advertising will be classified as an administration cost. 6. Advertising will be classified as an administration cost in the Production Cost Statement. Admin : Gerald
Posted on: Mon, 30 Sep 2013 21:04:41 +0000
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