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