For external financial reporting, all costs of manufacturing the product are product costs (that is, they are

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For external financial reporting, all costs of manufacturing the product are product costs (that is, they are inventoriable). (See Illustration 2-1

.)

Using the data from exercise 2-27

, what are the following:

a. Product costs per unit.

b. Period costs for the period.

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Cost Accounting

ISBN: 9780256257113

4th Edition

Authors: Michael W. Maher, Edward B. Deakin

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