Accounting for IGCSE & O level - Preparation Of Financial Statements (Section 17 - No. 20)

In a manufacturing business, what are 'indirect materials'?
Raw materials used in production
Materials that are not a significant part of the finished product.
Materials that can be easily traced to a specific product.
The same as direct materials.

Explanation

Indirect materials are those not directly traceable to the product.

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