Q9 Identify the true statement regarding how product and period costs in a manufacturing company differ from those in a merchandising company.

		Manufacturing companies record sales commissions as selling and administrative expense, while merchandising companies record sales commissions as cost of goods sold.
		Manufacturing companies incur more variable costs than merchandising companies.
		Manufacturing companies accumulate labor costs in inventory accounts, while merchandising companies do not.
		Manufacturing companies incur indirect costs, while merchandising companies do not.
		Manufacturing companies incur less marketing expenses than merchandising companies.