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Ed is writing up his dissertation study. His study was a survey study of parent satisfaction with current advanced placement course offerings across different
Schools in the state. Where in the report should Ed include a copy of his survey?
Opportunity Costs
The potential benefit missed out on when choosing one alternative over another.
Conversion Cost
Conversion cost is the sum of direct labor and manufacturing overhead costs incurred to convert raw materials into finished goods.
Product Cost
The expenses incurred to create a product, including direct materials, direct labor, and manufacturing overhead.
Direct Materials
Raw materials that can be directly traced to the manufacturing of a product.
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