Question: 39&40 QUESTION 39 Which cost classification uses this formula: Direct Labor + Manufacturing Overhead? a. prime cost O b. total product cost c. conversion cost
QUESTION 39 Which cost classification uses this formula: Direct Labor + Manufacturing Overhead? a. prime cost O b. total product cost c. conversion cost Od period cost QUESTION 40 Opportunity costs are: a. not relevant in decision making b. the same as variable costs. Oc, always recorded in accounting records d. relevant in decision making
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