会计经典管理案例1.ppt

Cost Terms, Concepts, and Classifications Comparing Merchandising and Manufacturing Activities Merchandisers . . . Buy finished goods. Sell finished goods. Manufacturers . . . Buy raw materials. Produce and sell finished goods. Manufacturing Cost Concepts Manufacturing Costs Direct Materials Those materials that become an integral part of the product and that can be conveniently traced directly to it. Direct Labor Those labor costs that can be easily traced to individual units of product. Manufacturing Overhead Manufacturing costs that cannot be traced directly to specific units produced. C