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Which of the following statement is INCORRECT? Select one: O a. Conversion cost equals prime cost. b. The sum of all manufacturing costs except for

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Which of the following statement is INCORRECT? Select one: O a. Conversion cost equals prime cost. b. The sum of all manufacturing costs except for direct materials and direct labor is called manufacturing overhead. O c. All Direct Costs are Prime Costs. O d. A product cost can be direct or indirect. The classification can change if the cost object changes

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