Match the Costs That Follow to the Type of Product

question 119

Multiple Choice

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

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

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Definitions:

Partnership Activities

Activities involving two or more people or entities collaborating for a mutual goal, especially in a business context.

Salaries

Fixed regular payments made by employers to employees, typically expressed as an annual sum and paid in monthly or biweekly intervals.

Net Income

The total earnings of a company after deducting all expenses, taxes, and costs from its total revenues.

Income and Losses

The total revenues gained minus the expenses and losses incurred by a business over a period, determining net profit or loss.