Alpha Geek

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Category > Business & Finance Posted 08 May 2017 My Price 7.00

How does a period cost differ from a product cost?

1. What is a direct cost? An indirect cost? Can the same cost be direct for one purpose and indirect for another? Give an example.

 

2. Define prime cost and conversion cost. Why can’t prime cost be added to conversion cost to get total product cost?

3. Explain the difference between cost and expense.

4. How does a period cost differ from a product cost?

Answers

Alpha Geek
(8)
Status NEW Posted 08 May 2017 04:05 PM My Price 7.00

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file 1494262748-Answer.docx preview (179 words )
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