If a company wants to determine a product's cost, it must assign both direct and indirect costs.

Name: If a company wants to determine a product's cost, it must assign both direct and indirect costs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

To determine a product's cost, a company must assign direct costs (such as materials and labor) and indirect costs (such as overhead expenses like rent and utilities) in order to accurately calculate the total cost of producing the product.

If a Company Wants to Determine a Product's Cost, It