Asked by

Tyneisha Phillips
on Nov 13, 2024

verifed

Verified

Salesperson commissions

A) Prime costs
B) Conversion costs
C) Both prime and conversion costs
D) Neither prime nor conversion costs

Salesperson Commissions

Payments made to sales staff based on a percentage of the sales they generate, used as an incentive to increase sales performance.

Prime Costs

The direct costs of manufacturing, specifically direct labor and material costs.

Conversion Costs

Costs incurred during the process of converting raw materials into finished products, typically including direct labor and manufacturing overhead.

  • Distinguish between product costs and period costs.
verifed

Verified Answer

JS
james SciortinoNov 17, 2024
Final Answer:
Get Full Answer