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Each of the following are possible classifications of costs: I. variable cost II . period cost III. direct cost IV . indirect cost Annual insurance
Each of the following are possible classifications of costs:
I. variable cost
II period cost
III. direct cost
IV indirect cost
Annual insurance for a manufacturing company's machinery could be classified under which
cost heading?
Variable cost and direct cost
Direct cost and period cost
Variable cost and indirect cost
Indirect cost and period cost
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