On the costs of goods manufactured schedule depreciation on factory equipment
A) is not listed because it is included with Depreciation Expense on the income statement.
B) appears in the manufacturing overhead section.
C) is not listed because it is not a product cost.
D) is not an inventoriable cost.

Question

Quizplus · Accepted Answer

Depreciation on factory equipment is part of manufacturing overhead, which includes all the indirect costs associated with producing goods. Therefore, it would be included in the manufacturing overhead section of the costs of goods manufactured schedule.

On the Costs of Goods Manufactured Schedule Depreciation on Factory