Product Costs Can Be Classified as One of Three Types

question 53

True/False

Product costs can be classified as one of three types: direct materials, direct labor, or overhead.

---

Definitions:

Pointed Arches

An architectural element characteristic of Gothic style, consisting of arches with pointed apices, which allowed for taller structures and more window space.

Central-plan Structure

An architectural design characterized by a primary central space (such as a dome) surrounded by symmetrical areas on each side.

Renaissance Ideas

Concepts and philosophical foundations of the Renaissance, a period of rebirth in arts, culture, and intellectual pursuits, emphasizing humanism, individualism, and rediscovery of classical antiquity.

International Style

A style of 20th-century architecture associated with Le Corbusier, whose elegance of design came to influence the look of modern office buildings and skyscrapers.