Giving reasons, classify the intermediate or final goods.Expenditure

1.	Giving reasons, classify the intermediate or final goods.Expenditure on improvement of a machine in a factory.
Answer» Final Product Reason: Expenditure on improvement of a machine in a factory is a final expenditure as the machine is repeatedly used for several years as a fixed asset. Improvement of a machine implies improvement of asset value (through investment expenditure).

Giving reasons, classify the intermediate or final goods.Expenditure on improvement of a machine in a factory.

Answer»

Final Product

Reason: Expenditure on improvement of a machine in a factory is a final expenditure as the machine is repeatedly used for several years as a fixed asset. Improvement of a machine implies improvement of asset value (through investment expenditure).

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Giving reasons, classify the intermediate or final goods.Expenditure on improvement of a machine in a factory.

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