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WAEC Accounting 2018 Objective — Question 29

Question 29 of 50 from the West African Examinations Council (WAEC) Accounting 2018 Objective paper, with the correct answer and a full explanation.

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One of the components of factory overheads is

  • A. raw materials consumed
  • B. manufacturing wages
  • C. carriage inwards
  • D. depreciation of plant and machineryCorrect

Explanation

Depreciation of plant and machinery used in production is a factory overhead cost.

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