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Which all costs related to manufacturing function of company

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Reference no: EM132700503

Problem 1:  All costs related to manufacturing function of a company are

a. Prime costs
b. Direct costs
c. Product costs
d. Conversion costs

Problem 2: Which of the following statements are true?

I. A company that produces sugar will use a process costing system to track production cost
II. A company that produces custom bridal gown will use a job order costing system to track production cost
a. Both I and II
b. I only
c. II only
d. None of the statements are true

Reference no: EM132700503

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