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Question 1 1. Use the correct letter to classify each item below and determine if it is a product or period cost. - Depreciation on

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Question 1 1. Use the correct letter to classify each item below and determine if it is a product or period cost. - Depreciation on factory equipment A. Factory overhead - Depreciation on vehicles used to deliver finished goods to customers B. Manufacturing Overhead - Rent on office facilities C. Selling Expense - Cost of insurance on factory equipment D. Manufacturing overhead Indirect labor used in the production process E. General and administrative expense

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