At Procter & Gamble, one of the problems they were facing was that 80-plus country teams were all acting independently. Pampers Europe was not collaborating with Pampers North America. This example illustrates the differences due to their:

Chick-fil-A self-constructs a distribution center using $1.3 million of materials, $0.4 million of labor, and $0.3 million of overhead. The distribution center has a fair value of $1.9 million. At what amount should Chick-fil-A report the distribution center on its balance sheet?

a. $1.7 million b. $1.9 million c. $1.3 million d. $2.0 million

The direct labor costs and manufacturing overhead costs required to produce finished goods from raw materials are called ________

A) transferred in costs B) cost of sales C) finished goods costs D) conversion costs