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For each of the following situations, identify the cost as either PRODUCT OR PERIOD cost Factory labor incurred on specific jobs ( Product cost or
For each of the following situations, identify the cost as either PRODUCT OR PERIOD cost Factory labor incurred on specific jobs Product cost or period cost Salary of vicepresident of manufacturing Product cost or period cost Materials used for specific jobs Product cost or period cost Rental cost on a factory building Product cost or period cost Cost of hard drives for a computer manufacturer Product cost or period cost Rental cost on a sales showroom Product cost or period cost Cash paid for factory utilities costs incurred Product cost or period cost Advertising costs for a new product line Product cost or period cost Cost Accounting Department salaries Product cost or period cost Materials used for general factory use Product cost or period cost
For each of the following situations, identify the cost as either PRODUCT OR PERIOD cost
Factory labor incurred on specific jobs Product cost or period cost
Salary of vicepresident of manufacturing Product cost or period cost
Materials used for specific jobs Product cost or period cost
Rental cost on a factory building Product cost or period cost
Cost of hard drives for a computer manufacturer Product cost or period cost
Rental cost on a sales showroom Product cost or period cost
Cash paid for factory utilities costs incurred Product cost or period cost
Advertising costs for a new product line Product cost or period cost
Cost Accounting Department salaries Product cost or period cost
Materials used for general factory use Product cost or period cost
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