Answered

Product costs:
- "attach" to units of product as they are purchased for resale or produced
- are always expensed in the same period in which the related products are produced
- include all costs involved in making and selling a product
- are also called inventoriable costs

Answer :

Answer: Option (a) is correct.

Explanation:

Product costs are the costs that are associated with the production of a product. This is a cost that is incurred in making a product. Product cost includes direct labor cost, direct material cost, consumable supplies and manufacturing overhead. Product costs are also related to the cost of a worker or labor needed to rendered a service to a consumer.

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