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Unformatted text preview: a. Raw Materials i. Purchase RM 1. Goes to Direct Materials b. Works in Progress i. DM, DL, MOH 1. Goes to COGM c. Finished goods i. COGM 1. Goes to COGS d. Income statement i. COGS V. A different way to classify costs a. Direct i. Can see go into the product 1. Only DM &amp; DL b. Indirect i. MOH, SGA...
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This note was uploaded on 04/18/2011 for the course BUS 203 taught by Professor Keenan during the Winter '09 term at Indiana.
- Winter '09