8. Mark the following as True or False and the select the best response: Anything for which managers require separate cost data for are called a cost object. _Product costs are transferred from the balance sheet to the income statement when goods are transferred from the Work in Process Inventory account into Finished Goods Inventory. _Cost of Goods Manufactured includes all product and period costs incurred during the period. True, True, False True, False, False False, True, True True, False, True