In determining the cost of goods manufactured and thus the cost of the ending inventory, which of the following is a true statement? Group of answer choices In direct costs must be capitalized when they directly benfit or are incurred by reason of the performance of production or (capitalizable) resale activities. Selling and distribution costs should ordinarily be capitalized. In most cases, only the costs of direct materials and direct labor must be capitalized. In most cases, the costs of a personnel department that participates in hiring production workers should not be capitalized