Where Would You Expect to Find Depreciation on Factory Equipment

question 70

Multiple Choice

Where would you expect to find depreciation on factory equipment?

• A)included with depreciation expense on the income statement
• B)in the manufacturing overhead section of the Costs of Goods Manufactured schedule
• C)only on the income statement as part of cost of goods sold
• D)as a period cost in the operating expense section of the income statement

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