Which of the following is not a cost that Amazon will capitalize as part of the new building's cost? O Cost of the air conditioning units Closing costs including attorney's fees O Real estate broker commissions O Cost of the building's parking lots

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Cost of Production

In economic theory, production costs are the costs incurred by an industrial organization when it engineers a project or provides a service that generates revenue and benefits. Labor costs, raw materials, consumable manufacturing costs, and general overhead sum up, accounting for production costs. Total cost data is calculated by combining total direct costs of materials, labor costs, and total production costs.