Classify the following costs as either a product cost or a period cost:
Definitions:
External Locus of Control
The belief that one's outcomes in life are largely influenced by external forces beyond personal control.
Oxytocin Level
The concentration of oxytocin, a hormone and neurotransmitter involved in childbirth, bonding, and social behavior, in the bloodstream.
Identical Twins
Twins who originate from a single fertilized egg that splits and develops into two embryos with exactly the same genetic material.
Optimistic
Optimistic describes a person's tendency to hold a hopeful and positive outlook towards the future or the outcome of specific situations.
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