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Doctors Medicines MCQs Q&A

  1. contracting costs
  2. product cost
  3. government costs
  4. marketing costs
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1 Answers

Answer: Option 2

All costs, which are assigned to manufactured products for specific calculations are classified as product cost. Product cost refers to the costs incurred to create a product. These costs include direct labor, direct materials, consumable production supplies, and factory overhead.

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