Match the Costs That Follow to the Type of Product

question 94

Multiple Choice

Match the costs that follow to the type of product cost (a-c) or designate as not a product cost (d) .
-factory depreciation

• A)direct labor
• B)direct materials
• C)factory overhead
• D)not a product cost

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Definitions:

Economic Self-interest

The motivation to act in a way that results in the greatest personal benefit or profit.

Economic Behavior

The study of how individuals make decisions to allocate resources under conditions of scarcity.

Selfishness

A trait characterized by concern with one's own interests, often disregarding others' well-being or desires.

Utility

The satisfaction or benefit that a consumer receives from consuming a good or service.