Question: Match the following terms to their definitions 1 Direct labor

Match the following terms to their definitions.
1. Direct labor plus manufacturing overhead
2. Prepared by department for EUP, production costs, and assignment of costs
3. Equivalent units of production
4. Process costing system
5. Transferred in costs
6. Weighted-average method
a. Expresses partially completed units in terms of fully completed units
b. Used by companies that manufacture homogenous products
c. Previous costs brought into later process
d. Conversion costs
e. Combines prior period costs with current period costs
f. Production cost report

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  • CreatedJanuary 16, 2015
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