Multiple Choice
Select the appropriate classification of each of the costs listed below.Each classification may be used more than once, and it is possible that one or more of the classifications may not be used at all.
-Fees paid to an accounting firm for annual audit
A) Product Cost, Direct Material
B) Product Cost, Direct Labour
C) Product Cost, Manufacturing Overhead
D) Product Cost, Selling Expense
E) Product Cost, Administrative Expense
F) Period Cost, Direct Material
G) Period Cost, Direct Labour
H) Period Cost, Manufacturing Overhead
I) Period Cost, Selling Expense
J) Period Cost, Administrative Expense
Correct Answer:

Verified
Correct Answer:
Verified
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