Multiple Choice
The three major categories of manufacturing costs are
A) prime costs, direct materials and factory overhead.
B) direct labour, factory overhead and direct materials.
C) indirect labour, indirect materials and conversion costs.
D) prime costs, period costs, and product costs.
Correct Answer:

Verified
Correct Answer:
Verified
Q48: Variable costing is also referred to as
Q49: The three major categories of manufacturing costs
Q50: How many inventory accounts does a merchandiser
Q51: The only difference between variable and absorption
Q52: All costs other than direct material and
Q54: All costs other than direct material or
Q55: Schultz Company reported the following information about
Q56: The following information refers to the Cowan
Q57: The Majors Company has gathered the following
Q58: A sacrifice or giving up of resources