In a manufacturing company,accounting,legal,and administrative costs are typical examples of product costs.

Question

Quizplus · Accepted Answer

Accounting, legal, and administrative costs are considered overhead or indirect costs, which are not directly tied to the production of a specific product. Product costs typically include direct materials, direct labor, and manufacturing overhead costs directly related to the production of goods.

In a Manufacturing Company,accounting,legal,and Administrative Costs Are Typical Examples of Product