A prime cost.
A period cost.
A product cost.
Both a product cost and a prime cost.
Gross operating profit.
The breakeven point.
The contribution margin
Direct and indirect labor.
Direct labor and direct materials.
Direct labor and factory overhead.
Indirect labor and variable factory overhead.
Include only the prime costs of manufacturing a product.
Include only the conversion costs of manufacturing a product.
Are expensed when products become part of finished goods inventory.
Are regarded as assets before the products are sold
Machine efficiency problem
Product mix production changes.
The purchase and use of higher - than - standard quality materials
The purchase and use of lower - than - standard quality materials
Increase and sales price remains unchanged.
Decrease and sales price remain unchanged.
Remain unchanged and sales price increase.
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