Traceable costs are also called

Question

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Traceable costs are costs that can be directly traced to a specific product or service, such as direct materials or direct labor. They are also known as product costs, as they are incurred in the production of a specific product or service. Period costs, on the other hand, are attached to a particular time period and are not related to the production of a specific product or service. Expired costs and administrative costs are not related to traceable costs.

Traceable Costs Are Also Called