Which of the following is not part of factory overhead?
Answer Details
The term "factory overhead" refers to all indirect costs incurred in the manufacturing process that are not directly traceable to a particular product. These costs are necessary for the production process, but cannot be directly attributed to a single product unit. Examples of factory overhead include factory salaries, factory lighting and heating, and depreciation of plant and machinery. Depreciation of furniture and fixtures, on the other hand, is not typically included in factory overhead as it is not related to the production process. Therefore, the answer is: depreciation of furniture and fixtures.