Classify the following costs as either a product cost or a period cost:
Definitions:
Iconic Memory
A brief, transient visual memory that holds an exact copy of the visual stimulus for a very short period of time, usually less than a second.
Memory Systems
The structures and processes involved in the storage and retrieval of information in the brain.
ACT Models
Cognitive architecture theories that aim to simulate human thought processes, including how people represent knowledge and produce actions based on that knowledge.
Cognitive Economy
A principle in cognitive psychology that suggests the mind strives to simplify information processing by using the most efficient and simplest ways possible.
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