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Classify the following items as either product costs or period costs. 1. Depreciation on a vehicle used by the entitys general manager. 2. Containers used
Classify the following items as either product costs or period costs.
1. Depreciation on a vehicle used by the entitys general manager.
2. Containers used to package finished goods.
3. Salaries of workers handling inventory during production.
4. Rent on the premises.
5. Lease payments on a motor vehicle used by sales representatives.
6. Superannuation contributions for production workers by the entity.
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