Multiple Choice
Which of the following statements is regarding product and period costs?
A) Office salaries expense is a product cost and factory maintenance is a period cost.
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 is a product cost and indirect labor is a period cost.
Correct Answer:
Verified
Correct Answer:
Verified
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