Which of the Following Would Not Be Considered a Product

question 69

Multiple Choice

Which of the following would not be considered a product cost?

• A)Direct labor costs.
• B)Factory supervisor's salary.
• C)Factory line worker's salary.
• D)Cost accountant's salary.
• E)Manufacturing overhead costs.

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Definitions:

Government Policies

A course or principle of action adopted or proposed by a government, political party, or ruling authority.

Stagflation

A situation in which the inflation rate is high, economic growth rate slows, and unemployment remains steadily high.

Price Level

A measure of the average prices of goods and services in an economy at a given time, often used to evaluate inflation or deflation.

Aggregate Output

The total quantity of goods and services produced in an economy at a given overall price level in a given period.