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need help with 23 and 24 Which of the following statements is accurate about product and period cost? Multiple Choice Product cost can only be

need help with 23 and 24
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Which of the following statements is accurate about product and period cost? Multiple Choice Product cost can only be attributed to a time interval. Product cost are cost that can be attributed to a product Period cost can only be attributed to a product Period cost can not be attributed to time Intervals. Lily's Bakery reports the following information in its CVP Income statement? What is the operating leverage ratlo and is Lily's Bakery a high or low leveraged company? Percentage Revenues $425,000 100% Variable Costs $100,000 23.5% Contribution Margin $ ? 76.5% Fixed Costs $ 275,000 Operating Profit $

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