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Accounting

27th Edition
WARREN + 5 others
ISBN: 9781337272094

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BuyFindarrow_forward

Accounting

27th Edition
WARREN + 5 others
ISBN: 9781337272094
Textbook Problem

What manufacturing cost term is used to describe the cost of materials that are an integral part of the manufactured end product?

To determine

Direct material cost:

A cost indicates the payment of cash or the obligation to pay the cash in the future period for the generation of revenue or the service performed. A direct material cost is the cost of raw materials used for producing a product. For example: The cost of plastic is the direct material for manufacturing a bottle.

To describe: The manufacturing cost term, which are used to portray the cost of materials that were used as an integral part of the manufactured end product.

Explanation

The cost of materials that were used as an integral part of the manufactured end product in term manufacturing cost is the direct material cost...

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