wilty on the mannequins in the Juniors De 1. k The Stow Kohl's store manager's salary Cost of bags used to package customer purchases the main res ort Cost of the security staff at the Stow store I Manager of Juniors Department S2-5 Define cost terms (Learning Objectives 3 & 4) Complete the following statements with one of the terms there. You may sem more than once, and some terms may not be used at all Prime costs Cost objects Product costs Assigned Direct costs Fringe benefits Period costs Assets Cost of goods sold Indirect costs Conversion costs Total costs are the costs of transforming direct materials into finished goods. _include R&D, marketing, distribution, and customer service costs. c. Direct material plus direct labor equals - d. Steel, tires, engines, upholstery, carpet, and dashboard instruments are used in the assembly of a car. Since the manufacturer can trace the cost of these materials (includ- ing freight-in and import duties) to specific units or batches of vehicles, they are con- sidered of the vehicles. e. Costs that can be traced directly to an) _ are called are initially treated as on the balance sheet. g. The allocation process results in a less precise cost figure being - to the cannot be directly traced to a[n) _ include the costs of all resources used throughout the value chain