Cost Accounting Quiz on Manufacturing Account

1. Is the Manufacturing account an internal management account? If yes,what is the purpose of producing such report?—>>see { article }

      2. What types of cost are included in a manufacturing account?—>>see { article }

     3. What is “prime cost” What is factory cost? —>>see { article }

     4. What is the purpose of apportioning overheads?—->>see { article } { article }

      5. What is a profit centre   —>> see { article }