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Classify each of the following costs as either a product cost or a period cost for a manufacturer. 1. Factory insurance. 2. Sales commissions. 3.

Classify each of the following costs as either a product cost or a period cost for a manufacturer. 1. Factory insurance. 2. Sales commissions. 3. Depreciation on factory equipment. 4. Depreciation on office equipment. 5. Rent on factory building. 6. Tax accountant salary. 7. Office manager salary. 8. Indirect labor in making goods

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