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

Question

Quizplus · Accepted Answer

Indirect materials and indirect labor are considered overhead costs because they are necessary for the production process but cannot be directly traced to a specific product. These costs are also categorized as product costs since they are incurred as a part of the manufacturing process and are included in the cost of the finished goods.

Indirect Materials and Indirect Labor Are ________ for a Manufactured