answer these true and false. and if they are false then prove it or tell...

70.2K

Verified Solution

Question

Accounting

image

answer these true and false. and if they are false then prove it or tell me why are they false

1. Prime Cost is the only category of cost element in cost sheet that does not have direct expenses. True / False Explanation. 2. Addition of factory overheads to Prime cost gives cost of production. True / False Explanation. 3. Work in progress means closing stock of finished goods. True / False Explanation. 4. Cost sheet helps in many costing functions. True / False Explanation 5. Lighting for office building is added in order to arrive at cost of production. True / False Explanation

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students