Question
In the cost of goods sold statement, the sum of labor cost and the factory over head is known as: Conversion cost Prime cost Total
In the cost of goods sold statement, the sum of labor cost and the factory over head is known as:
Conversion cost
Prime cost
Total factory cost
Cost of goods manufactured
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
8th edition
978-1-119-3904, 1119392422, 111939242X, 1119390451, 978-1119392422
