Costs that are NOT classified as direct materials or direct labor but are essential to the production of goods and services are:

Name: Costs that are NOT classified as direct materials or direct labor but are essential to the production of goods and services are:
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Question

Quizplus · Accepted Answer

Manufacturing overhead costs are indirect costs that cannot be traced to specific products or services but are necessary for the overall production process. Examples include rent, utilities, and depreciation of factory equipment.

Costs That Are NOT Classified as Direct Materials or Direct