When You Copy and Paste a Formula to a New

question 59

Short Answer

When you copy and paste a formula to a new location, the formula's relative references do not change.

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Definitions:

Prime Cost

The combined direct costs of raw materials and labor that are directly attributable to the production of a product.

Manufacturing Overhead

All manufacturing costs that are not directly associated with the production of a product, including indirect materials, labor, and other overhead expenses.

Product Costs

Costs directly associated with the manufacturing of goods, including materials, labor, and overhead.

Inventoriable Costs

Synonym for product costs.