Question: 8. A cost object indicates how costs are related or identified. (T/F)19. Conversion costs are the combination of direct labor, direct material, and factory overhead

8. A cost object indicates how costs are related or identified. (T/F)19. Conversion costs are the combination of direct labor, direct material, and factory overhead costs.(T/F) 20. Costs other than direct materials cost and direct labor cost incurred in the manufacturing process are classified as factory overhead cost. (T/F)

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