The unit cost of a product is required to compute:

a. the cost of trade investments of a company.

b. the cost of goods transferred out of a department.

c. the value of the direct labor hours used for production.

d. the value of non-current assets at the end of a period.

Question

Business

Andrade

16 August, 06:58

The unit cost of a product is required to compute:

a. the cost of trade investments of a company.

b. the cost of goods transferred out of a department.

c. the value of the direct labor hours used for production.

d. the value of non-current assets at the end of a period.

+2

Answers (1)

Know the Answer?

Johnny Mcpherson · Answer 1

The answer is: C) The value of the direct labor hours used for production.

Explanation:

A product cost is a cost incurred in the production of a good or service, it includes both direct costs and indirect costs.

A direct cost is a cost that can be traced to the production of a good or service, for example, direct labor and direct materials.

The unit cost of a product is required to compute:a. the cost of trade investments of a company.b. the cost of goods transferred out of a department.c. the value of the direct labor hours used for production.d. the value of non-current assets at the end of a period.

The unit cost of a product is required to compute:

a. the cost of trade investments of a company.

b. the cost of goods transferred out of a department.

c. the value of the direct labor hours used for production.

d. the value of non-current assets at the end of a period.