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5 Cards in this Set
- Front
- Back
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Financial accounting |
Adheres to gaap Objective Report on regular basis Monetary measures for reports |
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Managerial |
Forward-thinking Reports when needed |
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Conversion cost |
The cost of converting or processing materials into a finished product- they are the sum of direct labor costs and overhead costs |
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Cost driver |
Direct labor hours, labor cost, units produced or another activity that has a cause and effect relationship with the cost |
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JOCC retrieval |
Direct materials Direct labor Overhead costs Job order # Customer name Date of order - finish date Cost summary Specifications |
