Which of the Following Costs Is NOT a Product Cost

question 32

Multiple Choice

Which of the following costs is NOT a product cost?

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

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Definitions:

Reverse Auctions

A buying process where sellers bid to provide goods or services to a buyer, with prices typically decreasing as the auction progresses.

Downward Pressure

A situation in which there is a driving force causing prices or values to decrease, often seen in markets or economics.

Buyers

Individuals or entities that purchase goods or services.

Downward Pressure

Forces that cause the value or price of something to decrease.