Listed below are eight technical accounting terms introduced or emphasized in this chapter:
LO16-1 through LO16-5
EXERCISE 16.1
Accounting Terminology
Work in Process Inventory Cost of finished goods manufactured
Conversion costs Cost of Goods Sold
Period costs Management accounting
Product costs Manufacturing overhead
Each of the following statements may (or may not) describe one of these technical terms. For each
statement, indicate th
0 sold
Other
/
Other
allied-american-university
/
ACC/400
18 Nov 2015