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Rent on a factory building used in the production process would be classified as a period cost and as a fixed cost. True or false ?

Accounting Cost Accounting CMA
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Question added by Deleted user
Date Posted: 2015/04/03
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Muhammad Ramzan Tufail ACCA
by Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group

False.

 

This is only a fixed cost.

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