Match each phrase that follows with the term (a-h) it describes. Clear All costs incurred in a previous process that are carried forward as part of the product's cost when it moves to the next department direct labor and factory overhead costing system used by a company producing computer chips equivalent units measure of the work done during a production period, expressed in terms of fully complete units of output cost of production report summary of the activity in a processing department for a specific period first-in, first-out method prime costs job order costing a process costing method that costs each period's equivalent units of work with that period's costs per equivalent unit direct labor and direct materials conversion costs transferred in costs costing system used by a company producing custom window treatments process costing