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Eddie is the owner of a firm manufacturing calculator. The table below provides you partial data from the firm's financial records for the most recent

Eddie is the owner of a firm manufacturing calculator. The table below provides you partial data from the firm's financial records for the most recent month.

Cost item #

Description

Amount (000's of dollars)

1

Sales Commissions

100.56

2

Distribution costs

56.89

3

Factory rent

15.68

4

Product components

389.68

5

Direct manufacturing labor

478.89

6

Sales manager's salary

50.25

7

Production supervisor's salary

40.58

8

Supplies used in manufacturing

122.41

9

Plant manager's salary

78.89

10

Supplies used in sales offices

236.54

Which of the following statements is true?

Product costs

Period costs

A

Cost items # 3, 4, 5, 7, 9, 10

Cost items # 1, 2, 6, 8

B

Cost items # 3, 4, 5, 9, 10

Cost items # 1, 2, 6, 7, 10

C

Cost items # 1, 2, 6, 7, 10

Cost items # 3, 4, 5, 9, 10

D

Cost items # 1, 2, 6, 8

Cost items # 3, 4, 5, 7, 9, 10

E

Cost items # 3, 4, 5, 7, 8, 9

Cost items # 1, 2, 6, 10

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