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If researchers reported that,for a correlated-groups design,t(20) = 3.57,p<.05,you can conclude that
Prime Costs
The direct costs directly attributable to the manufacture of goods, including direct materials and direct labor.
Conversion Costs
The combined costs of direct labor and manufacturing overheads incurred to convert materials into finished goods.
Cost of Goods Manufactured
The total production cost of goods completed during a specific period, including costs related to direct materials, direct labor, and manufacturing overhead.
Total Factory Overhead Cost
Total factory overhead cost includes all indirect costs associated with manufacturing, such as utilities, maintenance, and salaries of non-direct labor, that are not directly tied to the production of specific goods.
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