from the choices presented in parentheses, choose the appropriate term for completing each of the following sentences: sentence appropriate term for completing sentence a. a product, sales territory, department, or activity to which costs are traced is called a (direct cost, cost object). b. advertising costs are usually viewed as (period, product) costs. c. factory overhead costs combined with direct labor costs are called (prime, conversion) costs. d. feedback is often used to (improve, direct) operations. e. a sacrifice made to obtain some benefit is a (cost, expense). f. the balance sheet of a manufacturer would include an account for (cost of goods sold, work in process inventory). g. the implementation of automatic, robotic factory equipment normally (increases, decreases) the direct labor component of product costs.

a. a product, sales territory, department, or activity to which costs are traced is called a - Cost Object
Advertising cost are usually viewed as - Period Cost
Factory overhead cost combined with direct labor are called - Conversion costs
Feedback is often used to Improve Operation - Improve
a sacrifice made to obtain some benefit is a - cost
the balance sheet of a manufacturer would include an account for - Work in process inventory
the implementation of automatic, robotic factory equipment normally - Decrease

How are accounting terms classified?

When a product, or department, or activity can be traced in terms of cost, it is a cost object. Period costs are costs that are incurred in the current period and an example is advertising cost.

When factory overhead is combined with direct labor and direct materials this is a conversion cost and when we make a sacrifice to get one thing, that sacrifice is a cost.

Find out more on work in process inventory at https://brainly.com/question/26698981

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