Short Answer
Identify the following costs as (a) prime cost, (b) conversion cost, or (c) both for a cake factory.
1. Frosting
2. Wages of the baker
3. Sprinkles for the topping (considered an indirect material)
4. Depreciation on oven
Correct Answer:
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1. a
2. c...View Answer
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Correct Answer:
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2. c...
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