Price of a product consists of

1.	Price of a product consists of
Answer» ong>Answer: Product COST REFERS to the COSTS incurred to create a product. These costs include direct labor, direct materials, consumable production supplies, and FACTORY OVERHEAD. Product cost can also be considered the cost of the labor required to deliver a service to a customer.

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ong>Answer:

Product COST REFERS to the COSTS incurred to create a product. These costs include direct labor, direct materials, consumable production supplies, and FACTORY OVERHEAD. Product cost can also be considered the cost of the labor required to deliver a service to a customer.

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Price of a product consists of