Acct 505 practice midterm - Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Acct 505 practice midterm? On this page you'll find 2 study documents about Acct 505 practice midterm.
All 2 results
Sort by
-
ACCT 505 Practice Midterm Questions and Answers
- Exam (elaborations) • 2 pages • 2021
-
- $15.49
- + learn more
ACCT 505 Practice Midterm Page 1 1. Indirect labor is a part of a prime cost. b conversion cost. - c period cost. d nonmanufacturing cost. Answer: B Explanation: Conversion costs are all m anufacturing costs other than direct materials cost. 2. Prime cost and conversion cost share what common element of total cost? A Direct materials B Direct labor -- C Variable overhead D Variable overhead Answer: B Explanation: Prime costs and conversion costs have direct labor cost as an overlapping item. For...
As you read this, a fellow student has made another $4.70
How did he do that? By selling his study resources on Stuvia. Try it yourself! Discover all about earning on Stuvia