Question

which one of the following is not one of the three general categories of product costs? group of answer choices ceo and other executive salaries manufacturing overhead direct materials direct labor

Answer 1

CEO and other executive salaries are administrative expenses, not a direct product cost like direct materials, direct labor, or manufacturing overhead.

Step-by-step explanation:

The three general categories of product costs are direct materials, direct labor, and manufacturing overhead. CEO and other executive salaries are not considered a direct part of product cost; instead, they are typically categorized as administrative expenses or part of the general and administrative costs of running a business. In accounting, product costs are usually associated with manufacturing and the costs incurred to create a product, whereas CEO and executive salaries are not tied directly to the production of individual products.