MC 12 Which of the following is an example of a product cost?
A. Rent
B. Salaries of administrative staff
C. Depreciation of equipment
D. Utilities
Answer:C
MC 12 Which of the following is an example of a product cost?
A. Rent B. Salaries of administrative staff C. Depreciation of equipment D. Utilities
Explanation: Product costs are expenses that are directly related to the production of goods or services, such as the cost of equipment or materials used in manufacturing.