Which of the following is not a commonly used classification or characteristic of manufacturing costs?
A)Direct material costs.
B)Direct manufacturing labor costs.
C)Indirect manufacturing costs.
D)Freight-in charges.
E)Cost of goods sold.

Question

Quizplus · Accepted Answer

Cost of goods sold is not typically classified as a manufacturing cost. It represents the cost associated with producing and selling a product, but it includes all costs incurred throughout the entire value chain, including manufacturing, marketing, and distribution costs. Direct material costs, direct manufacturing labor costs, indirect manufacturing costs (such as factory overhead), and freight-in charges are all commonly used classifications of manufacturing costs.

Which of the Following Is Not a Commonly Used Classification