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Learn Financial and Managerial Accounting for Free

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Cost terms concepts and classifications

Cost Classification as Manufacturing and Non-manufacturing

Shamsa Rafique March 25, 2014 0Comments

Cost Classification as Manufacturing and Non-manufacturing: Learning objectives of this article: Define and explain manufacturing and non-manufacturing costs. What is the difference between manufacturing and non-manufacturing costs costs? Identify and…

Accounting Definitions Managerial Accounting

Conversion Cost Definition

Abida Rehman March 20, 2014 0Comments

Conversion Cost Definition: Conversion cost is equal to direct labor cost plus manufacturing overhead cost. In equation form: Conversion Cost = Direct Labor Cost + Manufacturing Overhead Cost

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Accounting Definitions

Inventory Audit Method

Accounting Definitions

Above the Line Deduction

Accounting Definitions

Ability to Pay Taxation

Accounting Definitions

Abatement

Accounting Details

Learn Financial and Managerial Accounting for Free

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