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Definition of

manufacturing account


accounts showing only production costs a financial statement that shows production costs only, as opposed to a profit and loss account, which shows sales and costs of sales. A manufacturing account will include direct materials and labor costs and the production overhead.

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Definitions of ’manufacturing account’ and meaning of ’manufacturing account’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’manufacturing account’ and other financial terms with our online QFINANCE Financial Dictionary.

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