Which of the Following Are Considered Product Costs

question 40

Multiple Choice

Which of the following are considered product costs?

• A)Period costs and administrative expenses
• B)Selling and administrative expenses
• C)Inventoriable costs and plant assets
• D)Direct labour costs and manufacturing overhead

---

Definitions:

Speaker

An individual who conveys information or expresses ideas through verbal communication in various settings.

Positive Reinforcement

A method in behavior theory where the introduction of a rewarding stimulus following a desired behavior increases the likelihood of it happening again.

Approval

The act of agreeing with or accepting something as satisfactory.

Activities

Tasks, operations, or processes that individuals or groups engage in, often towards achieving a goal.