The indirect costs of converting raw material into finished goods are called
A)period costs.
B)prime costs.
C)overhead costs.
D)conversion costs.

Name: The indirect costs of converting raw material into finished goods are called A)period costs. B)prime costs. C)overhead costs. D)conversion costs.
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Question

Quizplus · Accepted Answer

Overhead costs are the indirect costs associated with converting raw material into finished goods, including expenses such as utilities, depreciation, and salaries for management.

The Indirect Costs of Converting Raw Material into Finished Goods