Match the Costs That Follow to the Type of Product

question 92

Multiple Choice

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

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

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Definitions:

Disposable Income

Available financial assets to households for investments and outlays after income taxes have been applied.

Government Spending

Expenditures by government bodies on goods and services, including salaries, infrastructure, and welfare programs.

Tax

A compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Government Expenditure

Government Expenditure includes all government consumption, investment, and transfer payments, such as spending on infrastructure, welfare programs, and public services.