Answer Happy

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 answer