Multiple Choice
Which of the following is both a prime cost and a conversion cost?
A) Manufacturing overhead
B) Direct materials
C) Direct labor
D) Selling expenses
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q43: For a manufacturer,rent paid for an office
Q71: Financial reporting is typically much more detailed
Q91: The accountant for Myra Lido deliberately deferred
Q92: Management accounting reporting by a public firm
Q93: Repair and maintenance costs for factory equipment
Q94: For a manufacturing firm, which of the
Q99: Kyanite Corporation reports costs for 2015 as
Q100: Damsel Inc. is a large manufacturer of
Q151: Sales commissions are included in manufacturing overhead.
Q212: Manufacturing overhead includes all manufacturing costs,such as