Asked on 21 Feb 2020

Which of the following statements is true regarding product and period costs?

 

Office salaries expense is product cost and factory maintenance is a period cost

Office rent is product cost and supervisors’ salaries expense is a period cost

Factory Rent is a product cost and advertising expense is a period cost

Delivery Expense is a product cost and indirect material is a period cost

Answered on 21 Feb 2020

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