When goods produced are transferred at cost plus mark-up sale, the difference between the cost…

When goods produced are transferred at cost plus mark-up sale, the difference between the cost and the transferred price is a

  • A.
    discount
  • B.
    sales commission
  • C.
    manufacturing profit
  • D.
    factory reserves
Correct Answer: Option C
Explanation

The Manufacturing Profit, is the excess of transfer value of goods manufactured over their actual production cost

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