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QUESTION 2: Identify the right answer for the following statements. 1. Which of the followings...

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QUESTION 2: Identify the right answer for the following statements. 1. Which of the followings is an example of direct labour cost? Labour wage cost of a worker who works at a warehouse. Labour wage cost of a worker who works in the production line. Labour wage cost of a worker who works in a main office. Labour wage cost of a worker who do cleaning works in the factory. 2. Which of the followings is a factory overhead cost? Supervisor wage cost who works in the production line. Labour wage cost who works in the production line. Direct material cost. Advertising cost. 3. Utility expense is a cost of: Period cost Factory overhead cost Product cost It depends on which part of the utility cost is involved 4. Selling and administration cost is: A cost reported in statement of profit or loss and other comprehensive income. A part of factory overhead cost. A product cost. Normally larger than production cost. Please (v) the right

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