Match the items in Column 1 with the best choice in Column 2 Column 1 1. Total
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Match the items in Column 1 with the best choice in Column 2
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Column 1 1. Total fixed costs 2. Incurred costs 3. Cost of goods manufactured 4. Total manufacturing costs 5. Unit variable cost 6. Prime costs 7. Expenses that are matched against revenue 8. Materials, labour and factory overhead 9. Conversion costs 10. Cost of goods sold Column 2 A Costs incurred during a period B Total amount remains constant C Expired costs D Direct materials and direct labour E Costs of completed production after adjustment for work in progress inventory F Direct labour and factory overhead G Added cost of a new product H Remains constant per unit I Direct materials, direct labour and factory overhead. J Cost of goods manufactured, adjusted for changes in finished goods stock
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