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Explain manufacturing costs, prime and conversion costs, and product and period costs. Explain the steps to calculate cost of goods manufactured and cost of goods
- Explain manufacturing costs, prime and conversion costs, and product and period costs.
- Explain the steps to calculate cost of goods manufactured and cost of goods sold.
- Develop an example of a schedule of cost of goods manufactured and a manufacturing income statement.
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
