Costs that are traceable to a particular unit and are inventoriable are called:

Question

Quizplus · Accepted Answer

Product costs are directly traceable to the units produced and are inventoriable, meaning they are included in the cost of goods sold when the product is sold. This includes direct materials, direct labor, and manufacturing overhead. Period costs are not directly traceable to a particular unit and are expensed in the period they are incurred, such as selling and administrative expenses. Overhead costs and job costs are more general classifications and do not specifically tie to the traceability and inventory aspects mentioned in the question.

Costs That Are Traceable to a Particular Unit and Are