Which of the Following Costs Is an Indirect Product Cost

question 35

Multiple Choice

Which of the following costs is an indirect product cost?

• A)property taxes on plant facilities
• B)wages of assembly workers
• C)materials used
• D)president's salary

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Definitions:

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically used for the financing of payroll, accounts payable, inventories, and meeting other short-term liabilities.

Long-Term Investment

Financial assets or securities that are held for an extended period, typically for several years or more, with the expectation of substantial returns.