Conversion cost is the sum of direct materials and direct labor cost and prime cost is the sum of direct labor and overhead cost.
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Q11: Cost assignment is one of the key
Q12: Product costs include production, marketing, and customer
Q13: The cost of goods sold is the
Q14: Cost is the cash or cash equivalent
Q15: Intangible products are goods produced by converting
Q17: Assigning costs accurately to cost objects is
Q18: The Financial accounting information system provides information
Q19: Services differ from tangible products on three
Q20: Production costs are costs associated with manufacturing
Q21: _ income is the difference between gross
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