MGMT+30B+CH+2+NOTE+AID

MGMT+30B+CH+2+NOTE+AID - COST OF GOODS MANUFACTURED...

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MGMT 30B CHAPTER 2 Costs Terms, Concepts and Classifications Manufacturing Costs INCLUDE: _______________ ________________ ____________________ Direct Materials ARE Direct Labor IS Manufacturing Overhead REPRESENTS Non-manufacturing Costs INCLUDE Product Costs ARE Period Costs ARE PRIME COSTS ARE CONVERSION COSTS ARE MERCHANDISER HAS ________________ INVENTORY MANUFACTURERS HAVE INVENTORY OF: ________________________ ________________________ ________________________
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COST OF GOODS SOLD REPRESENTS
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Unformatted text preview: COST OF GOODS MANUFACTURED REPRESENTS Basic Equation for Inventory Accounts PREPARING Schedule of Cost of Goods Manufactured INCLUDES: Cost Classifications for Predicting Cost Behavior FIXED COSTS IN TOTAL PER UNIT VARIABLE COSTS IN TOTAL PER UNIT Cost Classifications for Decision Making Differential Cost and Revenue Opportunity Cost Sunk Costs four types of quality costs Internal and External Failure Costs Prevention and Appraisal Costs...
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MGMT+30B+CH+2+NOTE+AID - COST OF GOODS MANUFACTURED...

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