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A classification of costs that determines whether a cost is expensed to the income statement or capitalized to inventory is: Select one: a. Financial versus
A classification of costs that determines whether a cost is expensed to the income statement or capitalized to inventory is: Select one: a. Financial versus managerial. b. Product versus period. c. Direct versus indirect. d. Fixed versus variable. e. Service versus manufacturing. A company produces washers and dryers in an assembly-line process. Labor costs incurred during a recent period were: corporate executives, $500,000; assembly-line workers, $209,000; security guards, $ 45,000; and plant supervisor, $110,000. The total of company's direct labor cost was: Select one: a. $203,000 b. $209,000 c. $754,000 d. $319,000 e. $864,000
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