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1. Match one or more of the following terms with each definition below: a. Direct labour e. Inventoriable product costs b. Direct materials f. Manufacturing
1. Match one or more of the following terms with each definition below: a. Direct labour e. Inventoriable product costs b. Direct materials f. Manufacturing overhead c. Indirect labour g. Period costs d. Indirect materials i) Operating costs that are expensed in the period in which they are incurred ii) Materials that become a physical part of a finished product and whose costs are traceable to the finished product iii) All manufacturing costs other than direct materials \& direct labour iv) Labour costs that are difficult to trace to specific products v) Materials whose costs cannot conveniently be directly traced to particular finished products vi) Product costs included in inventory, as required by GAAP vii) The compensation of employees who physically convert materials into the company's products; labour costs that are directly traceable to finished products
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