Expenditure on research and development (R & D) is categorised as the __________ , while making an estimate of the total product cost for a chemical plant.
Options
A. overhead cost
B. fixed expenses
C. general expenses
D. direct production cost
Correct Answer
general expenses
More questions
1. Absorption factor is defined as (where, S1 = slope of the operating line S2 = slope of the equilibrium curve)