Multiple Choice
Which of the following statements is true regarding product and period costs?
A) Office salaries expense and factory maintenance are both product costs.
B) Office rent is a product cost and supervisors' salaries expense is a period cost.
C) Factory rent is a product cost and advertising expense is a period cost.
D) Delivery expense is a product cost and indirect materials is a period cost.
E) Sales commissions and indirect labor are both period costs.
Correct Answer:

Verified
Correct Answer:
Verified
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