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What is an example of a product cost


Examples of product costs are direct materials, direct labor, and allocated factory overhead. Examples of period costs are general and administrative expenses, such as rent, office depreciation, office supplies, and utilities.

What is a product cost?

Product costs are the direct costs involved in producing a product. A manufacturer, for example, would have product costs that include: Direct labor. Raw materials. Manufacturing supplies.

What are the 3 product costs?

Examples of fixed costs are rent and lease costs, salaries, utility bills, insurance, and loan repayments.




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PRODUCT AND BRAND MANAGEMENT - IARE www iare ac in/sites/default/files/lecture_notes/IARE_PBM_NOTES pdf example ABC company may have two product lines and five brands within each product line the increment of status and prestige to the consumers

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