Which of the following costs incurred by a furniture manufacturer is a product cost?
A)lumber
B)office salaries
C)commissions paid to sales staff
D)controller's salary

Question

Quizplus · Accepted Answer

Lumber is a direct material cost that is used to produce the furniture and is therefore a product cost. Office salaries, commissions paid to sales staff, and the controller's salary are indirect costs and are considered period costs.

Which of the Following Costs Incurred by a Furniture Manufacturer