In the cost classification system used by manufacturing firms,total manufacturing costs would include all of the following EXCEPT:
A) prime costs and manufacturing overhead costs.
B) direct materials costs,direct manufacturing labour costs,and manufacturing overhead costs.
C) direct materials costs and conversion costs.
D) indirect materials costs,indirect manufacturing labour costs,and manufacturing overhead costs.
Correct Answer:
Verified
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Q126: 'Conversion costs' include:
A)only direct materials.
B)direct materials and
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A)costs of dealing
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A)are treated as expenses in the
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