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Find which the indirect cost of converting raw material

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Reference no: EM132724855

Problem 1: Which of the following is not a product cost component?

a. Rent on a factory building
b. Indirect production labor wages
c. Janitorial supplies used in factory
d. Commission on the sale of a product

Problem 2: The indirect cost of converting raw material into finished goods are called

a. Period costs
b. Prime costs
c. Overhead costs
d. Conversion costs

Reference no: EM132724855

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