Asked by
Anahi Toledo
on Nov 13, 2024
Verified
The plant manager's salary in a manufacturing business would be considered an indirect cost.
Indirect Cost
Expenses that are not directly attributable to a specific cost object, such as overhead costs.
Plant Manager's Salary
A fixed cost not directly tied to the level of production or sales, representing the compensation of the individual overseeing the operations of a manufacturing facility.
- Identify the distinctions between cost concepts including product costs and period costs, as well as direct costs in contrast to indirect costs.
Verified Answer
KB
Learning Objectives
- Identify the distinctions between cost concepts including product costs and period costs, as well as direct costs in contrast to indirect costs.