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

question 62

Multiple Choice

Match each phrase that follows with the term (a-h) it describes.
-Conversion costs

• 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

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Definitions:

Job Enlargement

Involves adding more tasks or responsibilities to an employee's current job role to enhance job variety.

Extrinsic Reward

Rewards given from an external source, such as money or praise, which motivate individuals to perform tasks.

Intrinsic Reward

A type of motivation driven by internal satisfaction rather than external rewards, like enjoying the process of learning.

Job Rotation

A method of employee development where individuals are moved through a variety of positions within an organization to gain exposure to different aspects of the business.