Complete the following chart by placing an "X" under the applicable column headings.Classify each cost as a fixed cost or a variable cost and as either a direct or indirect product cost or a period cost.
Definitions:
Video Tapes
An outdated magnetic tape storage format for recording analog audio and analog video signals, typically used for consumer video recording.
Garbage
Waste material that is discarded by humans, typically due to its inability to be used again or lack of perceived value.
Commodities
Basic goods used in commerce that are interchangeable with other goods of the same type, often used as inputs in the production of other goods or services.
Prices
The monetary value assigned to goods or services, representing the amount a buyer pays to a seller in a market transaction.
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