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P6-4. Inventory costing-initial recognition For each of the following items, identify whether the item is a product cost or a clothing retailer a product cost

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P6-4. Inventory costing-initial recognition For each of the following items, identify whether the item is a product cost or a clothing retailer a product cost or a period cost fol Period Product Item a. Invoice cost of purchased inventory b. Non-refundable tariffs on imported inventory c Cost of shelves and racks at retail store d. Cost of shipping from distributor to warehouse e Transportation from warehouse to retail store f. Cost to courier products to VIP customers g. Rent for warehouse h. Rent for retail store i. Wages of staff at retail store Salary of purchasing manager

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