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1 year ago

Product costs consist of all of the following except:_______

Business

1 answer:

alexdok [17]1 year ago

8 0

Answer: Dividends

Explanation:

What is Product costs ?

The cost incurred to produce a product are referred to as product cost. Direct labor, direct materials, consumable production supplies, and factory overhead all are included in these prices. The cost of the labor necessary to provide a service to a customer can also be considered when calculating product cost. In the latter scenario, all cost involved with a service, such as compensation, payroll taxes, and employee benefits, ought to be included in the product cost.

Since product cost contains the amount of effort that is required by both GAAP and IFRS, it is included in the financial statements. When deciding on short-term production and sale-price strategies, however, managers may alter product costs to eliminate the overhead component.

To learn more about Product cost checkout the link below : https://brainly.ph/question/3079032

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1 year ago