Which of the Following Costs Is NOT a Product Cost

question 156

Multiple Choice

Which of the following costs is NOT a product cost?

• A)rent on an office building
• B)indirect labor
• C)repairs on manufacturing equipment
• D)steel used in inventory items produced

---

Definitions:

3C Model

A business model that focuses on three key factors: Company, Customer, and Competitor, to guide strategic development and decision-making.

Coordination

Coordination refers to the process of organizing people or groups so that they work together efficiently and effectively.

Cooperation

A process where individuals, organizations, or countries work together towards common goals or interests.

Resource Dependency

A theory that organizations depend on external resources to function, and their strategies are designed to acquire and maintain these resources.