Which of the following would not be classified as a product cost?A. Direct materials.B. Direct labor.C. Indirect materials.D. Sales commissions.

The correct answer is:D. Sales commissions. Explanation:Product costs are costs incurred to…

Answered: Which of the following would not be…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 8MC: Which of the following is not considered a product cost? A. direct materials B. direct labor C....

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Similar questions

For which cost concept used in applying (he cost-plus, approach to product pricing are fixed manufacturing costs, fixed selling and administrative expenses, and desired profit allowed for in determining the markup? A. Total cost B. Product cost C. Variable cost D. Standard cost
Why are product costs assigned to the product and period costs immediately expensed?
Which of the following is a conversion cost? A. raw materials B. direct labor C. sales commissions D. direct material used
Using the costs listed in the previous problem, classify the costs as either product costs or period costs.
In what way do the cost of production summaries in Chapter 6, prepared using the weighted average cost method, differ from the cost of production summaries presented in Chapter 5? What is the reason for this difference?
Which is not a step in analyzing the cost driver for manufacturing overhead? A. Identify the cost B. identify non-value-added costs C. analyze the effect on manufacturing overhead D. identify the correlation between the potential driver and manufacturing overhead
Which of the following are prime costs? A. indirect materials, indirect labor, and direct labor B. direct labor, indirect materials, and indirect labor C. direct labor and indirect labor D. direct labor and direct materials
What are the basic elements of production cost?
What is the most important purpose of the cost of production report?
General Account
Which cost is classified as a product cost?
Sales commission is a: a. Product and direct material cost. b. Product and direct labor cost. c. Product and manufacturing overhead cost. d. Period cost and Selling and Marketing expense. e. Period cost and General and Administrative expenses.

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Which of the following would not be classified as a product cost? A. Direct materials. B. Direct labor. C. Indirect materials. D. Sales commissions.