Match each term with its description. A. conversion costs B. cost of goods sold C. cost of
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Match each term with its description.
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A. conversion costs B. cost of goods sold C. cost of production report D. cost per equivalent unit E. equivalent units of production F. manufacturing department G. prime costs H. transferred out costs i. total of direct material costs and direct labor costs ii. manufacturing costs of the items sold iii. number of units produced if each unit was produced sequentially iv. total of direct labor costs, indirect labor costs, indirect material costs, and manufacturing overhead v. where costs in a process cost system are reported before being applied to the product vi. detailed listing of the total costs of the product including the value of work in process vii. cost of materials or conversion for a specific department during production viii. product of the total cost per unit and the number of units completed and transferred during the time period
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Principles Of Accounting Volume 2 Managerial Accounting
ISBN: 9780357364802
1st Edition
Authors: OpenStax
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