Product costs consist of:
A) conversion costs and unexpired expenses.
B) prime costs and manufacturing overhead.
C) selling and administrative expenses.
D) period costs.

Name: Product costs consist of: A) conversion costs and unexpired expenses. B) prime costs and manufacturing overhead. C) selling and administrative expenses. D) period costs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Product costs include direct materials, direct labour (collectively known as prime costs) and manufacturing overhead.

Product Costs Consist Of