While preparing CGS statement, Decrease in WIP inventory will be.
A. Subtracted from Total Factory Cost
B. Added in Total Factory Cost
C. Subtracted from Total Factory Cost
D. Added in Prime Cost
Answer:B
While preparing CGS statement, Decrease in WIP inventory will be.
A. Subtracted from Total Factory Cost B. Added in Total Factory Cost C. Subtracted from Total Factory Cost D. Added in Prime Cost