Closing work in process Inventory of last year-14799
Closing work in process Inventory of last year:
This multiple choice question (MCQ) is related to the book/course vu mgt402 Cost & Management Accounting. It can also be found in vu mgt402 Final Term - Quiz No.10.
Closing work in process Inventory of last year:
Is treated as Opening inventory for current year
Is not carried forward to next year
Become expense in the next year
Charge to Profit & Loss account