Build pairs of matching values. Students will see values on the left and have to select the matching value on the right from the dropdown list. Each value from the dropdown list should be used once only.

Group of answer choices

A process costing method that costs each period's equivalent units of work with that period's costs per equivalent unit

[ Choose ] Cost of production report First-in, first-out method Process costing Equivalent units Transferred-in costs Direct labor and factory overhead Job order costing Direct labor and direct materials

Measure of the work done during a production period, expressed in terms of fully complete units of output

[ Choose ] Cost of production report First-in, first-out method Process costing Equivalent units Transferred-in costs Direct labor and factory overhead Job order costing Direct labor and direct materials

Conversion costs

[ Choose ] Cost of production report First-in, first-out method Process costing Equivalent units Transferred-in costs Direct labor and factory overhead Job order costing Direct labor and direct materials

Summary of the activity in a processing department for a specific period

[ Choose ] Cost of production report First-in, first-out method Process costing Equivalent units Transferred-in costs Direct labor and factory overhead Job order costing Direct labor and direct materials

Costing system used by a company producing computer chips

[ Choose ] Cost of production report First-in, first-out method Process costing Equivalent units Transferred-in costs Direct labor and factory overhead Job order costing Direct labor and direct materials

Prime costs

[ Choose ] Cost of production report First-in, first-out method Process costing Equivalent units Transferred-in costs Direct labor and factory overhead Job order costing Direct labor and direct materials

Costs incurred in a previous process that are carried forward as part of the product's cost when it moves to the next department

[ Choose ] Cost of production report First-in, first-out method Process costing Equivalent units Transferred-in costs Direct labor and factory overhead Job order costing Direct labor and direct materials

Costing system used by a company producing custom window treatments

[ Choose ] Cost of production report First-in, first-out method Process costing Equivalent units Transferred-in costs Direct labor and factory overhead Job order costing Direct labor and direct materials