Accountancy, asked by sammmmm92, 7 months ago

Is supervision an expense in manufacturing account?

Answers

Answered by saipavan018
1

Answer:

Hi dude

Here is your answer..

Explanation:

Manufacturing Costs. ... Factory overhead includes indirect materials such as cost of nails, thread, glue, etc.; indirect labor such as salary of the supervisor; and factory expenses such as rent of the factory space, depreciation of factory equipment, utilities expense of the factory, factory supplies, etc.

Actual Overhead

As the overhead costs are actually incurred, the Factory Overhead account is debited, and logically offsetting accounts are credited. ... To recap, the Factory Overhead account is not a typical account. It does not represent an asset, liability, expense, or any other element of financial statements.

Hope Helpful

Answered by sikabersahfunyefia
0

Answer: It is only an expense when it is linked to the manufacturing process. It becomes indirect overheads

Explanation: It becomes indirect overheads when it relate to the manufacturing process

Similar questions