Difference between revisions of "Conversion costs"
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According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | ||
:[[Conversion costs]]. All manufacturing costs other than direct material costs. | :[[Conversion costs]]. All manufacturing costs other than direct material costs. | ||
| + | According to [[Managerial Accounting by Braun, Tietz (5th edition)]], | ||
| + | :[[Conversion costs]]. The combination of direct labor and manufacturing overhead costs. | ||
[[Category: Accounting]][[Category:Articles]] | [[Category: Accounting]][[Category:Articles]] | ||
Latest revision as of 12:08, 14 July 2020
Conversion costs is all manufacturing costs other than direct material costs.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Conversion costs. All manufacturing costs other than direct material costs.
According to Managerial Accounting by Braun, Tietz (5th edition),
- Conversion costs. The combination of direct labor and manufacturing overhead costs.
