A Whole Number Greater Than One That Is Divisible Only

question 43

True/False

A whole number greater than one that is divisible only by itself and one is called a prime number.​

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Definitions:

Conversion Cost

The combination of labor and overhead costs incurred to convert raw materials into finished products.

Materials Cost

The total expense incurred in acquiring raw materials used in the manufacturing process of products.

Work in Process

Goods that are currently being manufactured but have not been finished.

Beginning Work in Process

The inventory of partially finished goods or work in progress at the start of an accounting period.