Indirect labor and indirect materials are classified as a. factory overhead and period costs b. operating costs and period costs c. operating costs and product costs d. factory overhead and product costs

Question

Stanton

Business

11 March, 04:10

Indirect labor and indirect materials are classified as a. factory overhead and period costs b. operating costs and period costs c. operating costs and product costs d. factory overhead and product costs

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Answers (1)

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Broderick Garrison · Answer 1

d. factory overhead and product costs

Explanation:

As we know, the manufacturing overhead records only indirect cost with respect to indirect materials cost, indirect labor cost, and the other indirect cost

So the indirect cost has come under the factory overhead plus the product cost also includes the direct material cost, direct labor cost, and the manufacturing cost