Which of the following terms accurately describes all three manufacturing costs (i.e. direct materials, direct labour and manufacturing overhead) ?

A) Product costs
B) Variable costs
C) Direct costs
D) Both direct costs and product costs

Manufacturing Costs

Expenses directly related to the production of goods, including raw materials, labor, and factory overhead.

Direct Materials

Resources that are directly linked to the creation of particular products or services.

Direct Labour

Represents the wages of employees who are directly involved in the production of goods or the provision of services.