Examlex
Power View uses _____ to group data.
Prime Costs
The combined costs of direct material and direct labor required to produce a good.
Conversion Costs
Costs incurred to convert raw materials into finished goods, including direct labor and manufacturing overhead.
Prime Costs
The combination of direct materials and direct labor costs that are directly attributable to the production of goods.
Nonmanufacturing Cost
Expenses not directly involved in the production of goods, such as selling, administration, and other overhead costs.
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