Sheddon industries produces two products. the products' identified costs are as follows: product a product b direct materials $ 27,000 $ 22,000 direct labor 19,000 31,000 the company's overhead costs of $61,000 are allocated based on labor cost. assume 11,000 units of product a and 12,000 units of product b are produced. what amount of production costs would be assigned to product a

Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.