Final answer:
No, not all of a company's depreciation, property taxes, and insurance premiums are considered manufacturing overhead.
Step-by-step explanation:
No, all of a company's depreciation, property taxes, and insurance premiums are not considered manufacturing overhead.
Depreciation is the systematic allocation of the cost of an asset over its useful life, and it is considered a non-manufacturing cost. It is allocated to different departments based on the asset's use.
Property taxes are taxes levied on a company's properties, including manufacturing facilities. While they contribute to the overall cost of manufacturing, they are not considered part of manufacturing overhead.
Insurance premiums are payments made to an insurance company to protect the company's assets, including manufacturing equipment. Like property taxes, they are not part of manufacturing overhead.