Overhead Includes Both Manufacturing and Nonmanufacturing Costs Under

Product costs are the familiar direct materials direct labor and factory overhead. These costs are tracedallocated to production under both job and process costing techniques.

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A In process costing they include all the factors of production but job costing includes only materials and labor B job costing includes materials labor and overhead while process costing only considers conversion costs C the main difference is the extent of averaging used to compute the unit costs.

. The period costs include selling general and administrative items that are charged against income in the period incurred.

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Ira Kulkarni This Video Explains The Difference Between Product Cost And Period Cost With Examples It Also Goes Over Eac Visual Learners Period How To Split

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