Manufacturing overhead includes all indirect costs from material procurement until:
ASale of product
BFinished product completion
CInventory disposal
DRefund settlement
Answer & Solution
Correct answer: B. Finished product completion
1. Manufacturing overheads cover the indirect cost of converting input into output.
2. They commence at material procurement and end at finished product completion.
3. Costs beyond completion fall under selling, distribution, or administration overheads.
4. Hence the answer is finished product completion.
_Source: ICAI BoS Inter Paper 3, Ch 4 "Overheads", §4.2 Functional table_
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