6-Which of the following will not be included in the cost of Machine? a. Installation cost of machine b. Cost of purchase paid to the supplier c. Fines paid for not obtaining the import permit d. Cost of packing incurred

6-Which of the following will not be included in the cost of Machine? a. Installation cost of machine b. Cost of purchase paid to the supplier c. Fines paid for not obtaining the import permit d. Cost of packing incurred

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 8MC: Which of the following is not considered a product cost? A. direct materials B. direct labor C....

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Question

6-Which of the following will not be included in the cost of Machine?

Installation cost of machine

Cost of purchase paid to the supplier

Fines paid for not obtaining the import permit

Cost of packing incurred

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