$1$ point

TopTier Manufacturing Co$.$ is looking to categorize costs associated with the production of its single, continuously produced product. The company is analyzing the following cost categories:

Product cost

Prime cost

Conversion cost

Period cost

The following costs are found in the accounting records:

a$.$ Assembly line manager salaries

b$.$ Raw material purchases

c$.$ Sales commissions

d$.$ Factory depreciation

e$.$ Assembly wages

Prime cost includes

E

A

C

B

D