Why are the terms product costs and period costs used to describe manufacturing costs and non-manufacturing costs?

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Managerial Accounting

ISBN: 978-1453375716

2nd edition

Authors: Kurt Heisinger, Joe Ben Hoyle

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Question Posted: Mar 15, 2018 01:43 AM

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Why are the terms product costs and period costs used to describe manufacturing costs and non-manufacturing costs?

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Product costs also called manufacturing costs are costs associat...View the full answer

Managerial Accounting

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