Which of the following is an example of a factory overhead cost?

A) repair and maintenance cost on the administrative building
B) factory heating and lighting cost
C) insurance premiums on salespersons' automobiles
D) president's salary

Factory Overhead Cost

Represents indirect manufacturing costs not directly attributable to specific units or batches of production, such as maintenance and utilities.

Insurance Premiums

Regular payments made to an insurance company in exchange for coverage, protecting against possible financial losses or liabilities.

Factory Heating and Lighting

This refers to the costs associated with heating and illuminating manufacturing facilities, often considered as part of the overhead expenses in product costing.