《成本概念.pptxVIP

成本概念Learning Objective 1Identify and give examples of each of the three basic manufacturing cost categories.DirectMaterialsDirectLaborManufacturingOverheadManufacturing CostsThe ProductDirect Materials Raw materials that become an integral part of the product and that can be conveniently traced directly to it.Example: A radio installed in an automobileDirect LaborThose labor costs that can be easily traced to individual units of product.Example: Wages paid to automobile assembly workersMaterials used to support the production process. Examples: Lubricants and cleaning supplies used in the aut