All of the following are examples of product costs except:

A) depreciation on the company's retail outlets.
B) salary of the plant manager.
C) insurance on the factory equipment.
D) rental costs of factory equipment.

Product Costs

Costs that are incurred to acquire or manufacture a product, including direct materials, direct labor, and manufacturing overhead.

Depreciation

The reduction in the value of an asset over time due to wear and tear, usage, or obsolescence, this concept is often used in accounting to allocate the cost of an asset over its useful life.

Factory Equipment

The machinery and tools used in the manufacturing process within a factory setting.