1. follow the product and are the costs to acquire raw materials and convert them into finished goods. 2. are materials that can be easily traced to the cost object. may or may not be in the final product, but are not easily traced to the cost object. 3 (can/cannot) is the cost of wages paid to workers who work on the product. These be easily traced to the cost object. 4. are all the manufacturing costs except direct materials and direct labor. 5. are non-manufacturing costs and are expensed when incurred. 6. Is the total cost of the goods Is the sum of all the completed during the period. inputs into work in process. The cost 7. The costs of a particular job are recorded on a of materials for a particular job are found on a is a measure that is correlated with overhead costs and is used in 8. An determining an overhead rate. 9. To determine the OH rate, divide by To apply OH, multiply by If applied OH is greater 10. If actual OH is greater than applied OH, overhead is than actual, overhead is 4-18