Which of the following is an overhead expense in a production cost?

Correct option is C

The correct option is (C)  Insurance 

• Overhead costs refer to the ongoing expenses required to run a business but cannot be directly tied to producing goods or services. These costs differ from operating expenses like raw materials and labor, which are directly linked to production.

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Raw Materials

• These are the basic substances or components used in the early stages of manufacturing. Raw materials are traded globally as commodities and are essential production inputs.

Labour

Workers who perform manual tasks, such as those in construction, are part of the labor class. They contribute their skills and effort as their primary asset.

• Items like solder used during production are consumable materials. They do not include materials used for packaging, labeling, or shipping finished products.