Two categories of cost comprising prime costs

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Reference no: EM13791713

1. For which of the following businesses would a process cost system be appropriate?

Auto repair service

Paint manufacturer

Specialty printer

Custom furniture manufacturer

2. The two categories of cost comprising conversion costs are:

Direct labor and indirect labor

Direct labor and factory overhead

Factory overhead and direct materials

Direct labor and direct materials

3. The two categories of cost comprising Prime costs are:

Direct labor and indirect labor

Direct labor and factory overhead

Factory overhead and direct materials

Direct labor and direct materials

Reference no: EM13791713

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