Asked by
Shelby Vinhais
on Nov 13, 2024Verified
Which one of the following is not a cost element in manufacturing a product?
A) Manufacturing overhead
B) Direct materials
C) Office salaries
D) Direct labor
Cost Element
A component that categorizes costs according to their nature, involved in the cost accounting process to allocate expenses accurately.
Office Salaries
Expenses related to the wages and salaries of administrative and managerial staff in an office setting.
- Distinguish among the diverse cost components associated with the production of a product.
Verified Answer
JB
Learning Objectives
- Distinguish among the diverse cost components associated with the production of a product.