The three major cost components of manufacturing a product are a. Direct materials, direct labor, and factory

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The three major cost components of manufacturing a product are

a. Direct materials, direct labor, and factory overhead.

b. Period costs, product costs, and sunk costs.

c. Indirect labor, indirect materials, and fixed expenses.

d. Variable costs, fixed costs, and period costs.

e. Opportunity costs, sunk costs, and direct costs.

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Fundamental Accounting Principles Volume 2

ISBN: 9780077716660

21st Edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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