Examlex
Which of the following is not a manufacturing overhead cost?
Residual Value
The estimated salvage value or the value of an asset at the end of its useful life.
Accumulated Depreciation
A cumulative account that records the depreciation expense of an asset, reducing its book value over time.
Initial Cost
The original acquisition cost of an asset or investment, prior to any adjustments for depreciation, improvement, or amortization.
Fixed Asset
A Fixed Asset is a long-term tangible piece of property that a company owns and uses in its operations to generate income, and not expected to be consumed or converted into cash within a year.
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