Asked by
Jackie Burgin
on Nov 13, 2024Verified
Frosting
A) Prime costs
B) Conversion costs
C) Both prime and conversion costs
D) Neither prime nor conversion costs
Frosting
A sweet, often creamy glaze made of sugar with liquid (such as water or milk) and sometimes flavored, used to coat or decorate baked goods.
Prime Costs
The combined costs of direct materials and direct labor that are directly involved in the manufacturing of a product.
Conversion Costs
Expenses incurred during the transformation of raw materials into finished goods, typically including direct labor and manufacturing overhead costs.
- Categorize specific costs as prime or conversion within the costing structure.
Verified Answer
AD
Learning Objectives
- Categorize specific costs as prime or conversion within the costing structure.