Question

Indirect materials and indirect labor are​ ________ for a manufactured product. A. overhead and product costs B. operating and period costs C. operating and product costs D. overhead and period costs g

Answer 1

Answer:

The correct option is D. overhead and period costs.

Explanation:

Indirect materials and indirect labor can be described as the materials and labor that employed or consumed in the manufacturing process but cannot be traced to a particular product.

Overheads refer to cost that cannot be traced to a particular product or any particular cost unit.

Period costs refer to expenditures that are not directly tied to the production process. Period costs are overhead or sales, general, and administrative costs.

Therefore, indirect materials and indirect labor are​ overhead and period costs for a manufactured product.