Which of the following costs would be included in traditional product costs used for external reporting?
A) research and development
B) production
C) marketing
D) all of these

Question

Quizplus · Accepted Answer

Traditional product costs used for external reporting typically only include costs related to the production of the product, such as materials, labor, and overhead. Research and development and marketing costs would not be included in traditional product costs.

Which of the Following Costs Would Be Included in Traditional