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Answer Terms Definitions A. Supplies used in supporting the production 1. General and administrative process, which may not be part of the final costs roduct
Answer Terms Definitions A. Supplies used in supporting the production 1. General and administrative process, which may not be part of the final costs roduct B. Any costs that a company incurs to acquire raw 2. Factory overhead materials and convert them to finished goods ready for sale C. Costs associated with the general management 3. Indirect labor 4. Nonmanufacturing cost 5. Direct labor 6. Manufacturing overhead 7. Direct materials 8. Period cost 9. Selling cost of the compan D. Materials that can be directly traced to, or easily identified with, the final produc E. The indirect product costs that arise in the manufacturing process F. Another name for a period cost G. Associated with the selling of products and the administration of the business H. Another name for a product cost I. Labor cost of all the workers who support the J. Wages (and possibly benefits) paid to the roduction process 10. Factory support workers who transform direct materials into a finished product traced to a product finished goods K. Time spent working on a particular product easily 11. Manufacturing burden 12. Product cost 13. Factory burden 14. Indirect materials 15. Direct labor hours 16. Overhead 17. Manufacturing costs L. Associated with the storage, sale, and delivery of
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