Ask Question
25 May, 13:36

On the costs of goods manufactured schedule, depreciation on factory equipment ...

a. is not listed because it is not a product cost.

b. is not listed because it is included with Depreciation Expense on the income statement.

c. appears in the manufacturing overhead section.

d. is not an inventoriable cost.

+4
Answers (1)
  1. 25 May, 15:26
    0
    c. appears in the manufacturing overhead section.

    Explanation:

    Depreciation of factory equipment is charged in the manufacturing overhead. It is not directly traceable and to the product, so it is classified as overhead cost and due to factory equipment used in the manufacturing process, it is classified as manufacturing cost. It is incorporated in the goods manufacturing schedule as Manufacturing overhead.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “On the costs of goods manufactured schedule, depreciation on factory equipment ... a. is not listed because it is not a product cost. b. is ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers