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1. Which of the following is a product cost? a.) CFO salary b.) employee cafeteria in the factory c.) security guard for corporate headquarters d.)

1.

Which of the following is a product cost?

a.) CFO salary

b.) employee cafeteria in the factory

c.) security guard for corporate headquarters

d.) CEO's salary

2.

From your materials inventory, you move $100 of glue to production. The accounting entry would include

a.) a debit to WIP

b.) a debit to materials

c.) a debit to manufacturing overhead

d.) a credit to overhead

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