Match Each Phrase That Follows with the Term A-H It

question 168

Multiple Choice

Match each phrase that follows with the term a-h it describes.
-summary of the activity in a processing department for a specific period

• A)direct labor and factory overhead
• B)direct labor and direct materials
• C)transferred in costs
• D)equivalent units
• E)process costing
• F)job order costing
• G)first-in, first-out method
• H)cost of production report

---

Definitions:

Property

Refers to legally owned items or assets, including real estate, personal items, and intellectual property.

Compensation

Payment or benefit given to someone, often as a reparation for loss, injury, or suffering.

Private Property

Property owned by individuals or corporations rather than by the government or the public.

Individual

A single human being as distinct from a group, class, or family.