i need help!
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Which of the following is a cost of production? select all that apply. (2 points)
A. improving processes
B. buying raw materials
C. spending time working
D. paying property taxes
E. choosing the best products
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5 answers
https://www.google.com/search?source=hp&ei=MWy4XaSLNs_atQWL_77YCw&q=cost+of+production&oq=cost+of+production&gs_l=psy-ab.3..0l10.3046.3046..4690...0.0..0.118.118.0j1......0....2j1..gws-wiz.z2oLgv6slm8&ved=0ahUKEwjk57CH9cHlAhVPba0KHYu_D7sQ4dUDCAg&uact=5
but thats not one of the choices on the a,b,c,d,e multiple choice question!
The costs related to making or acquiring goods and services that directly generates revenue for a firm. It comprises of direct costs and indirect costs. Direct costs are those that are traceable to the creation of a product and include costs for materials and labor whereas indirect costs refer to those costs that cannot be traced to the product such as overhead.
From -- http://www.businessdictionary.com/definition/cost-of-production.html
I see one direct cost and one indirect cost among those answer choices. Be sure to use www.dictionary.com to make sure you understand every single word.
From -- http://www.businessdictionary.com/definition/cost-of-production.html
I see one direct cost and one indirect cost among those answer choices. Be sure to use www.dictionary.com to make sure you understand every single word.
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