1. The cost of a made product generally is composed of which of the complying with costs?

A. Direct materials cost and also factory overhead costs

B. Straight labor cost and also factory overhead costs

C. Direct labor cost, straight materials cost, and also factory overhead cost

D. Direct materials cost and direct labor cost

2. Costs that space treated together assets until the product is sold are called:

A. Product costs

B. Period costs

C. Conversion costs

D. Offering expense

3. A manufacturing organization typically has actually the complying with three species of inventory classifications: life materials, work-in-process, and also finished goods

A. True

B. False

4. Which of the following expense systems would most likely be provided by a home builder?

A. Task order cost system

B. General expense system

C. Replacement cost system

D. Procedure cost system




You are watching: The cost of a manufactured product generally consists of which of the following costs

Dec 17 2020 04:18 pm

1 authorized Answer


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Sarmistha p answered on December 19, 2020
5 Ratings, (22 Votes)
Answer:1.C.direct labor cost,direct materials cost and also factory overhead cost2.A.Product costs3.A.true4.A.job order cost systemExplanation:1.C.Cost consists of direct...
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