Under UNICAP,all of the Following Overhead Costs Are Included in Inventory

question 42

Multiple Choice

Under UNICAP,all of the following overhead costs are included in inventory except

• A)factory utilities,rent,insurance and depreciation.
• B)officers' salaries related to production and factory administration.
• C)research and experimentation.
• D)factory payroll,purchasing and warehouse costs.

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Definitions:

Desertification

The process by which fertile land becomes desert, typically as a result of drought, deforestation, or inappropriate agriculture.

Soil Erosion

The process by which soil is removed from the land surface by wind or water flow, often exacerbated by human activity, leading to diminished land fertility.

Alley Cropping

An agricultural practice that involves planting rows of trees or shrubs interspersed with crops, to enhance biodiversity and reduce soil erosion.