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Instruction: For the following transaction, identify the manufacturing cost (DM, DL or MOH) or non-manufacturing cost classification. Also, indicate whether or not the transaction would
Instruction: For the following transaction, identify the manufacturing cost (DM, DL or MOH) or non-manufacturing cost classification. Also, indicate whether or not the transaction would result in being reported as a product cost or period cost.
Transaction:
Salaries paid to Carpenters while constructing cheap homes for the homeless population.
Direct Material Cost | Direct Labor Cost | Manufacturing Overhead Cost | Non-Manufacturing Cost | Product Cost | Period Cost |
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