Direct Materials Cost Definition - What are Direct Materials

Описание: Direct materials definition. Analyzing the definition of key terms often provides more insight about concepts. Direct materials can be defined as – Expenditures for direct material that are separately and readily traced through the production process to finished goods. Direct material can be contrasted to indirect materials. Direct materials can be traced directly to a job or process and will be included in the cost of inventory. Indirect materials will also be included in the cost of inventory but indirect materials cannot be traced directly to a job or process and therefore mush first go into overhead.
Why Learn Accounting - Financial Accounting / Managerial Accounting
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101 Work Completed for Cash Transaction Accounting Equation
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200 Debits & Credits Normal Balance - Double Entry Accounting Sy
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