Which of the following is not considered a cost of manufacturing a product? Group of answer choices direct materials cost factory overhead cost salaries of the administrative assistants direct labor cost

Definition Definition Indirect costs incurred while producing goods or services. Overhead costs cannot be directly attributed to products or services. Overhead includes indirect material cost, indirect labor cost, rent, utilities expenses, and depreciation. Since these costs directly affect the profitability of a company, managing overhead becomes an important task for management.