Assuming conversion costs represent a single category, how many input categories would a department receiving transferred-in goods normally have?

Question

Quizplus · Accepted Answer

The three input categories that a department receiving transferred-in goods would normally have are direct materials, direct labor, and manufacturing overhead. These are the three categories that make up the total cost of producing a product. Conversion costs, which include direct labor and manufacturing overhead, are not separate input categories.

Assuming Conversion Costs Represent a Single Category, How Many Input