Examlex
-In the figure above, item 6 points to the ____.
Prime Costs
The direct costs of manufacturing, specifically direct labor and material costs.
Conversion Costs
Costs incurred during the process of converting raw materials into finished products, typically including direct labor and manufacturing overhead.
Selling Costs
Expenses directly associated with the marketing and sale of a company's products or services, including advertising, sales commissions, and promotional materials.
Product Cost
The total cost incurred to manufacture a product or to provide a service, including direct materials, labor, and overhead expenses.
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