Product costs comprise:

A) direct materials, direct labour and manufacturing overhead.
B) direct materials and manufacturing overhead.
C) direct labour and manufacturing overhead.
D) direct materials and direct labour.

Product Costs

Expenses directly associated with creating a product, including direct materials, direct labor, and manufacturing overhead costs.

Direct Materials

Raw materials that are directly traceable to the manufacturing of a product and constitute a significant portion of the production cost.

Manufacturing Overhead

All indirect costs associated with the production process, such as utilities, maintenance, and salaries of non-direct labor.