For each of the following costs incurred in a manufacturing operation, indicate whether they are included in

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For each of the following costs incurred in a manufacturing operation, indicate whether they are included in prime costs (P), conversion costs (C), or both (B).
a. Property taxes on the factory.
b. Transportation-in costs on materials purchased.
c. Assembly line worker’s salary.
d. Direct materials used in production process.
e. Lubricating oil for plant machines.

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Fundamentals of Cost Accounting

ISBN: 978-0077398194

3rd Edition

Authors: William Lanen, Shannon Anderson, Michael Maher

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