Which of the Following Statements Is True Regarding Product and Period

question 9

Multiple Choice

Which of the following statements is true 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.

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