Accounting · Cost Accounting
Match the cost components in List I with their definitions in List II: List I: a. Prime Cost b. Factory Cost c. Cost of Production d. Cost of Sales List II: i. Direct material + Direct labour + Direct expenses ii. Prime cost + Factory overhead iii. Factory cost + Office & administrative overhead iv. Cost of production + Selling & distribution overhead
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1a-ii, b-i, c-iii, d-iv
- 2a-i, b-ii, c-iii, d-iv✓
- 3a-i, b-iii, c-ii, d-iv
- 4a-iii, b-i, c-iv, d-ii
Correct answer
a-i, b-ii, c-iii, d-iv
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