chapter 2 notes

chapter 2 notes - --product cost--period cost...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Manufacturing overhead- -Manufacturing costs that cannot be traced directly to specific units produced. Opposite of manufacturing cost is NON-MANUFACTURING COST -selling and administrative cost Manufacturing cost Non-manufacturing
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: --product cost--period cost CLASSIFICATION OF COST: Direct Material-------PRIME COST Direct labor-----------CONVERSION COST Manufacturing overhead COST OF GOOD SOLDexpense account INCLUDES: what I have sold. + PRODUCT COST FLOWS + MANUFACTURING COST FLOWS...
View Full Document

Page1 / 2

chapter 2 notes - --product cost--period cost...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online