1 answer

Match each phrase that follows with the term (a-h) it describes. Clear All costs incurred in...

Question:

Match each phrase that follows with the term (a-h) it describes. Clear All costs incurred in a previous process that are carr

Match each phrase that follows with the term (a-h) it describes. Clear All costs incurred in a previous process that are carried forward as part of the product's cost when it moves to the next department direct labor and factory overhead costing system used by a company producing computer chips equivalent units measure of the work done during a production period, expressed in terms of fully complete units of output cost of production report summary of the activity in a processing department for a specific period first-in, first-out method prime costs job order costing a process costing method that costs each period's equivalent units of work with that period's costs per equivalent unit direct labor and direct materials conversion costs transferred in costs costing system used by a company producing custom window treatments process costing

Answers

Costs incurred in a previous process that are carried forward as part of the product's cost
when it moves to the next department
Transferred in costs
Costing system used by a company producing computer chips Process costing
Measure of the work done during a production period, expressed in terms of fully
complete units of output
Equivalent units
Summary of the activity in a processing department for a specific period Cost of production report
Prime costs Direct labor and direct materials
A process costing method that costs each period's equivalent units of work with
that period's costs per equivalent unit
First-in, first-out method
Conversion costs Direct labor and factory overhead
Costing system used by a company producing custom window treatments Job order costing
.

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