Two products with identical purchase prices may have very different product costs.

Name: Two products with identical purchase prices may have very different product costs.
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

This is true because product cost includes all expenses incurred in producing and bringing the product to market, including raw materials, labor, shipping, marketing, etc. Therefore, two products with the same purchase price may have different product costs depending on these factors.

Two Products with Identical Purchase Prices May Have Very Different