Balance sheet, in which all costs of product that must be considered as its assets, is said to be

A. factory overhead costs

B. manufacturing overhead costs

C. Inventoriable costs

D. finished costs

Answer: Option C

Solution(By Examveda Team)

Balance sheet, in which all costs of product that must be considered as its assets, is said to be Inventoriable costs. Inventoriable costs, also known as product costs, refer to the direct costs associated with the manufacturing of products for revenue generation.