Product costs are also referred as:
A)Mixed cost.
B)Selling and administrative costs.
C)Inventoriable costs.
D)Volume cost.
E)Break-even cost.

Question

Quizplus · Accepted Answer

Product costs are also known as inventoriable costs because they are associated with the cost of producing or purchasing a product and can be included in the inventory value of the product. Option A, B, D, and E are not correct because mixed cost, selling and administrative costs, volume cost and break-even cost are not specifically related to product costs.

Product Costs Are Also Referred As