Knowledge Check $01$

Under process costing, which manufacturing costs are assigned to the product as it moves from one manufacturing process to the

next?

Direct materials, direct labor, and conversion costs

Direct materials, indirect materials, and manufacturing overhead

Direct materials, direct labor, and indirect labor

Direct materials, direct labor, and manufacturing overhead

Knowledge Check $02$

Differences between a job order cost system and a process cost system include all of the following except:

Unit cost computations

Flow of costs

Documents used to tract costs