Which of the following costs is included in the cost of manufacturing a product?

Question

Quizplus · Accepted Answer

Factory overhead costs are costs incurred during the manufacturing process such as rent, utilities, and salaries of production employees. These costs are directly related to the production process and are included in the cost of manufacturing the product. Administrative costs and period costs are not directly related to the production process and are not included in the cost of manufacturing the product. Opportunity costs are not actual costs, but rather the cost of choosing one alternative over another.

Which of the Following Costs Is Included in the Cost