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