{"id":53339,"date":"2024-04-15T23:52:33","date_gmt":"2024-04-15T23:52:33","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=53339"},"modified":"2024-04-15T23:52:33","modified_gmt":"2024-04-15T23:52:33","slug":"match-the-group-of-list-i-with-those-of-list-ii-and-choose-the-correct-answer-list-i-list-ii-a-direct-wages-1-factory-expenditure-b-packing-2-prime-cost-c-depreciation-3-sales-cost-d-legal-expe","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/match-the-group-of-list-i-with-those-of-list-ii-and-choose-the-correct-answer-list-i-list-ii-a-direct-wages-1-factory-expenditure-b-packing-2-prime-cost-c-depreciation-3-sales-cost-d-legal-expe\/","title":{"rendered":"Match the group of List-I with those of List-II and choose the correct answer List-I List-II a. Direct wages 1. Factory expenditure b. Packing 2. Prime cost c. Depreciation 3. Sales cost d. Legal expenses 4. Office expenses"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;a-1, b-2, c-3, d-4&#8243; option2=&#8221;a-2, b-3, c-1, d-4&#8243; option3=&#8221;a-4, b-3. c-2, d-1&#8243; option4=&#8221;a-2, b-3, c-4, d-1&#8243; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is: A. a-1, b-2, c-3, d-4<\/p>\n<p>Direct wages are the wages paid to the workers who are directly involved in the production of goods or services. They are included in the prime cost of a product.<\/p>\n<p>Packing is the process of enclosing goods in a container for protection during transportation. It is a part of the factory expenditure.<\/p>\n<p>Depreciation is the decrease in the value of an asset over time due to wear and tear. It is a non-cash expense that is included in the cost of goods sold.<\/p>\n<p>Legal expenses are the costs incurred by a company in connection with legal matters. They are included in the office expenses.<\/p>\n<p>Here is a brief explanation of each option:<\/p>\n<ul>\n<li>Option A: This option is correct because it matches the items in List-I with the items in List-II in a logical way. Direct wages are included in the prime cost, packing is a part of the factory expenditure, depreciation is a non-cash expense that is included in the cost of goods sold, and legal expenses are included in the office expenses.<\/li>\n<li>Option B: This option is incorrect because it matches direct wages with the factory expenditure. Direct wages are included in the prime cost, not the factory expenditure.<\/li>\n<li>Option C: This option is incorrect because it matches packing with the sales cost. Packing is a part of the factory expenditure, not the sales cost.<\/li>\n<li>Option D: This option is incorrect because it matches depreciation with the office expenses. Depreciation is a non-cash expense that is included in the cost of goods sold, not the office expenses.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;a-1, b-2, c-3, d-4&#8243; option2=&#8221;a-2, b-3, c-1, d-4&#8243; option3=&#8221;a-4, b-3. c-2, d-1&#8243; option4=&#8221;a-2, b-3, c-4, d-1&#8243; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[952],"tags":[],"class_list":["post-53339","post","type-post","status-publish","format-standard","hentry","category-costing","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Match the group of List-I with those of List-II and choose the correct answer List-I List-II a. Direct wages 1. 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Direct wages 1. Factory expenditure b. Packing 2. Prime cost c. Depreciation 3. Sales cost d. Legal expenses 4. Office expenses","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/match-the-group-of-list-i-with-those-of-list-ii-and-choose-the-correct-answer-list-i-list-ii-a-direct-wages-1-factory-expenditure-b-packing-2-prime-cost-c-depreciation-3-sales-cost-d-legal-expe\/","og_locale":"en_US","og_type":"article","og_title":"Match the group of List-I with those of List-II and choose the correct answer List-I List-II a. Direct wages 1. Factory expenditure b. Packing 2. Prime cost c. Depreciation 3. Sales cost d. Legal expenses 4. 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