A Manufacturing Firm Has Manufacturing Costs Which Become Product Costs

Multiple Choice

A manufacturing firm has manufacturing costs which become product costs. These manufacturing costs do not include:

A) direct material costs (or raw material costs)
B) direct labor costs
C) manufacturing overhead costs (sometimes called indirect manufacturing costs)
D) expenditures for administrative staff
E) expenditures for supervisors' salaries, factory utilities, property taxes, insurance, and depreciation on manufacturing plant and equipment