Question
1.Shipping costs for raw materials coming from a supplier Group of answer choices Period cost, expensed when incurred Period cost, expensed when goods are sold
1.Shipping costs for raw materials coming from a supplier
Group of answer choices
Period cost, expensed when incurred
Period cost, expensed when goods are sold
Product cost, expensed when goods are sold
Product cost, expensed when incurred
2.
Paper used by the accounting staff
Group of answer choices
Product cost, expensed when goods are sold
Period cost, expensed when goods are sold
Period cost, expensed when incurred
Product cost, expensed when incurred
3.
Janitorial services provided for production facility
Group of answer choices
Period cost, expensed when goods are sold
Period cost, expensed when incurred
Product cost, expensed when incurred
Product cost, expensed when goods are sold
4.
Assembly line workers
Group of answer choices
Period cost, expensed when goods are sold
Product cost, expensed when incurred
Period cost, expensed when incurred
Product cost, expensed when goods are sold
5.
Company presidents salary
Group of answer choices
Product cost, expensed when incurred
Period cost, expensed when goods are sold
Product cost, expensed when goods are sold
Period cost, expensed when incurred
6.
Commissions paid to salespeople
Group of answer choices
Period cost, expensed when goods are sold
Product cost, expensed when incurred
Product cost, expensed when goods are sold
Period cost, expensed when incurred
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