Examlex
The form of the XML ____________________ is .
Conversion Costs
Expenses related to converting raw materials into finished goods, typically including labor and manufacturing overhead.
Product Costs
Expenses directly tied to the creation of a product, including materials, labor, and manufacturing overhead.
Period Costs
Expenses that are not directly tied to the production of goods or services, such as selling, general, and administrative expenses, and are expensed in the period incurred.
Prime Costs
A calculation in cost accounting that signifies the sum of direct materials cost and direct labor cost.
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