acctg 404 part 2 Flashcards
1
Q
product cost
A
DM + DL + MOH
2
Q
period cost
A
selling expense + admin expense
3
Q
conversion cost
A
DL + MOH
4
Q
Prime Cost
A
DM + DL
5
Q
Variable Manufacturing Cost
A
DM + DL + variable MOH
6
Q
total fixed cost
A
fixed MOH + fixed selling expense + fixed admin expense
7
Q
COGS
A
Beginning merchandise inventory + purchase - ending merchandise inventory
