Which of the Following Accounts Would Not Appear on a Schedule

question 226

Multiple Choice

Which of the following accounts would not appear on a schedule of cost of goods manufactured?

• A)Wages payable.
• B)Raw materials inventory.
• C)Depreciation on factory equipment.
• D)Indirect labor.
• E)Factory insurance expired.

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Definitions:

Student Loans

Loans offered to students to help cover the cost of post-secondary education expenses.

Simple Interest

Interest calculated only on the principal amount, without compounding over time.

Annual Rate

The yearly rate of interest or growth, often applied to loans, investments, and savings accounts.

Treasury Bill

A short-term government security issued at a discount from the face value and matures to its full value at the end of the term.