### Question
What does product costs mean?


### Answer
**Product costs** has the following meaning in *19 U.S.C. § 4531*:

> costs that are associated with the production of a good, including the value of materials, direct labor costs, and direct overhead

#### Citation:
  - *19 U.S.C. § 4531*
  - Heading: **CHAPTER 29-UNITED STATES&ndash;MEXICO&ndash;CANADA AGREEMENT IMPLEMENTATION > SUBCHAPTER II-CUSTOMS PROVISIONS**

