Total product cost of a chemical plant does not include the ______________ cost?
Correct answer: C. Market survey
- A. Overhead and utilities
- B. Operating labour, supervision and supplies
- C. Market survey
- D. Depreciation, property tax and insurance
Explanation
Total product cost covers manufacturing expenses such as labour, utilities, supplies, overhead, depreciation, taxes, and insurance. Market survey is a preproduction or project-development expense, not a product cost.
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