Asked by Vikki Yager on Jun 20, 2024

verifed

Verified

Which of the following major activities of a business will result in product costs

A) General administrative.
B) Manufacturing.
C) Marketing.
D) Customer support.

Product Costs

Costs that are directly associated with the manufacturing of goods, including materials, labor, and overhead.

Customer Support

Services provided by a company to its customers to assist with product-related queries, problems, or returns.

General Administrative

Expenses related to the overall management and administration of a business, including executive salaries, office supplies, and legal fees.

  • Scrutinize the implications of direct and indirect costs on the formulation of product prices and on the governance of cost management.
verifed

Verified Answer

SM
susan morrarJun 22, 2024
Final Answer :
B
Explanation :
Manufacturing is the major activity of a business that involves the production of goods, which results in product costs. General administrative, marketing, and customer support are not directly involved in the production of goods and therefore do not result in product costs.