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Office and administrative expenses can be charged on the basis of _______.

A. material cost

B. labour cost

C. prime cost

D. factory cost

Answer: Option C

Solution(By Examveda Team)

Office and administrative expenses can be charged on the basis of prime cost. Administrative expenses are the expenses that an organization incurs not directly tied to a specific function such as manufacturing, production or sales.

This Question Belongs to Commerce >> Costing

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