Accounting · Cost Accounting - Cost Coding Systems
A cost coding system combines Cost Centre codes (Machining = 10, Finishing = 11, Packing = 12, Stores = 13, Maintenance = 14) and Expense Type codes (Indirect materials = 410, Depreciation = 420, Indirect wages = 430, Maintenance materials = 440, Machine hire = 450). What is the code for indirect materials issued from stores to the machining department?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 110440
- 213440
- 313410
- 410410✓
Correct answer
10410
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