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Classify each of the following costs as a period cost or a product cost. -A.B. 1. Research and development costs -A.B. 2. Raw materials used

Classify each of the following costs as a period cost or a product cost.

-A.B.

1. Research and development costs

-A.B.

2. Raw materials used

-A.B.

3. Factory janitorial wages

-A.B.

4. Depreciation on factory equipment

-A.B.

5. Advertising costs

A.

period

B.

produc

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