The following are Mill Co.'s production costs for October: What amount of costs should be traced to specific products in the production process? (CPA adapted)

Question

The following are Mill Co.'s production costs for October:  What amount of costs should be traced to specific products in the production process? (CPA adapted)

Quizplus · Accepted Answer

The costs that should be traced to specific products in the production process are the direct materials, direct labor, and factory overhead costs. These costs add up to $190,000, which is the amount that should be traced to specific products. The remaining costs, such as selling and administrative expenses, are not part of the production process and should not be traced to specific products.

The Following Are Mill Co