Accounting Dictionary
Product Cost
Product costs are direct labor cost, direct materials cost, and factory overhead.
The product costs are manufacturing costs, costs to make a product. They do not include administrative or sales expenses.
https://accounting.uworld.com/cpa-review/lc/accounting-dictionary/term/product-cost/
Sign Up to Learn More!
Join our mailing list today to get notified of new discount offers, course updates, Roger CPA Review news, and more!