Which of the following is correct?
A) Selling costs are product costs.
B) Manufacturing overhead costs are product costs.
C) Interest costs for routine inventories are product costs.
D) All of these answers are correct.

Question

Quizplus · Accepted Answer

Manufacturing overhead costs, including expenses like factory rent, utilities, and equipment maintenance, are product costs because they are incurred to produce goods. While selling costs and interest costs are related to the sale of goods, they are not considered direct product costs.

Which of the Following Is Correct