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    Managerial Accounting Study Set 1
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    Exam 2: Basic Cost Management Concepts
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    Product Costs Are
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Product Costs Are

Question 67

Question 67

Multiple Choice

Product costs are:


A) expensed when incurred.
B) inventoried.
C) treated in the same manner as period costs.
D) treated in the same manner as advertising costs.
E) subtracted from cost of goods sold.

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