Question
In the table below, which of the four letters accurately represents this statement: The cost of direct materials cost is classified as a: Period cost
In the table below, which of the four letters accurately represents this statement:
The cost of direct materials cost is classified as a:
| Period cost | Product cost | |
| A) | Yes | Yes |
| B) | No | No |
| C) | Yes | No |
| D) | No | Yes |
| A. | A is correct. |
| B. | B is correct |
| C. | C is correct |
| D. | D is correct. |
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Financial Accounting
Authors: Robert Kemp, Jeffrey Waybright
3rd Edition
133427889, 978-0133427882
