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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 408 Weeks Ago, 2 Days Ago |
| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
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.
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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?
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