Costs other than direct materials cost and direct labor cost incurred in the manufacturing process are classified as
A) factory overhead costs
B) miscellaneous expenses
C) product costs
D) period costs

Question

Quizplus · Accepted Answer

Costs other than direct materials cost and direct labor cost incurred in the manufacturing process are classified as factory overhead costs. These costs include indirect materials, indirect labor, rent, utilities, depreciation, and other manufacturing-related expenses.

Costs Other Than Direct Materials Cost and Direct Labor Cost