Insurance expense incurred on a factory building would be treated as a
A) direct cost
B) period cost
C) product cost
D) selling cost

Name: Insurance expense incurred on a factory building would be treated as a A) direct cost B) period cost C) product cost D) selling cost
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Question

Quizplus · Accepted Answer

Insurance expense on a factory building would be considered a product cost because it is an expense incurred during the manufacturing process and is directly related to the production of the goods being manufactured.

Insurance Expense Incurred on a Factory Building Would Be Treated