Which of the following costs are not included in finished goods inventory?
A) direct labor
B) factory overhead
C) chief financial officer's salary
D) direct materials

Question

Quizplus · Accepted Answer

The chief financial officer's salary is not a cost directly related to the production of finished goods and therefore should not be included in finished goods inventory. Direct labor, factory overhead, and direct materials are all costs that can be traced directly to the production of finished goods and should be included in finished goods inventory.

Which of the Following Costs Are Not Included in Finished