Question: Direct materials are the ___ materials that become a physical part of the finished product and are a major category of product costs. Indirect materials

Direct materials are the ___ materials that become a physical part of the finished product and are a major category of product costs.

Indirect materials include materials used in the plant that aren't easily traced to individual products and/or any physical components of the product that are very _ and not worth the effort to directly trace.

Indirect materials are part of the cost category called _.

Both types of raw materials (direct and direct) are classified as _ costs and are included as part of the cost of the pan in inventory.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!