Match the Costs That Follow to the Type of Product

question 185

Multiple Choice

Match the costs that follow to the type of product cost (a-c) or designate as not a product cost (d) .
-president's salary

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

---

Definitions:

Bushels

A measure of volume commonly used in agriculture, especially in the United States, for quantifying crops like grains, fruits, and vegetables.

Market Price

The actual price at which any commodity is available in the market, determined by supply and demand.

Profit

The financial gain achieved when the revenue from business activity exceeds its costs and expenses.

Bushels

A unit of volume that is used in the United States for measuring agricultural produce such as grain, fruits, and vegetables.