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Terms in this set (26)
Managerial Accounting accounting used to provide information and analyses to managers inside the
organization to assist them in decision making
What three categories go into Product Costs? 1. Direct Materials-raw materials that go directly into the product
2. Direct Labor-all wages and benefits for employees working on the product
3. Manufacturing Overhead-utilities, insurance
What are examples of Period Costs? 1. selling expenses-advertising, marketing
verified answers || QUESTIONS WITH ACCURATE
ANSWERS | GET IT RIGHT |2025\2026!
Leave the first rating
Save
Students also studied
Flashcard sets Study guides
WGU C720 Complete OA Prep Guid... 🐛 Chapter 01: Introduction to Mana... CPHQ EXAM, comprehensive questi... Se
Teacher 153 terms Teacher 99 terms Teacher 261 terms Te
TealKoala47137 Preview Jay_Ryan69 Preview Alkerseltzer49 Preview
Practice questions for this set
Learn 1 /7 Study with Learn
Terms in this set (26)
Managerial Accounting accounting used to provide information and analyses to managers inside the
organization to assist them in decision making
What three categories go into Product Costs? 1. Direct Materials-raw materials that go directly into the product
2. Direct Labor-all wages and benefits for employees working on the product
3. Manufacturing Overhead-utilities, insurance
What are examples of Period Costs? 1. selling expenses-advertising, marketing