Expenditures for acquisition of raw materials for your products are a part of which Costing type?1 puntoDirect CostIndirect CostStaff CostMaterial Cost
Question
Expenditures for acquisition of raw materials for your products are a part of which Costing type?1 puntoDirect CostIndirect CostStaff CostMaterial Cost
Solution
The expenditures for acquisition of raw materials for your products are a part of Direct Cost. This is because direct costs are those that can be directly attributed to the production of a specific product or service. Raw materials are a clear example of this, as they are directly used in the creation of a product.
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