Match Each Phrase That Follows with the Term A-H It

Multiple Choice

Match each phrase that follows with the term a-h it describes.
-costs incurred in a previous process that are carried forward as part of the product's cost when it moves to the next department

A) direct labor and factory overhead
B) direct labor and direct materials
C) transferred in costs
D) equivalent units
E) process costing
F) job order costing
G) first-in, first-out method
H) cost of production report