Question

Costs incurred in the operation of a production plant are called: Group of answer choices indirect...

Costs incurred in the operation of a production plant are called:

Group of answer choices

indirect costs

fixed costs

direct costs

variable

Business   Accounting   
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Answer #1

Solution:

Answer: Option 1: Indirect costs

Explanation: Costs incurred in the operation of a production plant are called indirect costs. Indirect costs are not directly related to any given unit of production of a product or service. Indirect costs are those costs which assists in the production of a product or service. They are incurred for carrying out the operations of the production. Thus, we can conclude that indirect costs is the correct answer out of all the given options in the question and rest all other are incorrect.

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