Homework Answers
Factory overheads are the costs or expenses incurred in manufacturing the product excluding direct materials and direct labor. So, it includes the cost of indirect material, indirect labor and indirect expenses. Out of the given alternatives, the following items constitute factory overheads.
a. Plant manager's salary
b. Depreciation on flat rock
d. Machine lubricant.
e. Leather to be used on vehicles
f. Depreciation on robots to be used in assembly line.
g. Consultant fees paid for a study of production line efficiency.
All the above items are part of manufacturing or factory overheads, because they are involved in the manufacturing activities.
Other items not listed here, do not constitute factory overheads as they are part of either office & administration overheads or selling overheads.
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