Which of the following costs is NOT a product cost?
A)rent on an office building
B)indirect labour
C)repairs on manufacturing equipment
D)steel used in inventory items produced

Question

Quizplus · Accepted Answer

Rent on an office building is a period cost as it is not directly related to the production of a specific product. Product costs are those costs that are directly tied to the production of goods, such as direct materials, direct labour, and manufacturing overhead.

Which of the Following Costs Is NOT a Product Cost