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Which of the following components is NOT included in the cost of production?
  • a)
    Factory cost
  • b)
    Prime cost
  • c)
    Office and administrative overheads
  • d)
    Selling and distribution overheads
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which of the following components is NOT included in the cost of produ...
The cost of production includes factory cost, prime cost, and office and administrative overheads. Selling and distribution overheads are not part of the cost of production but are considered when calculating the total cost.
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Which of the following components is NOT included in the cost of production?a)Factory costb)Prime costc)Office and administrative overheadsd)Selling and distribution overheadsCorrect answer is option 'D'. Can you explain this answer?
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