Question 5 The production cost of a single unit of a manufactured product is determined by: 2 pts dividing total direct materials, direct labor, and manufacturing overhead for a production run by the number of units made. Odividing total direct materials and direct labor for a production run by the number of units made. dividing total direct materials, direct labor, manufacturing overhead and selling expenses for a production run by the number of units made. O dividing the selling price by the gross profit ratio. Question 6 Product costs are inventoried and treated as assets until: the period in which the products they relate to are sold. the next accounting period. related liabilities no longer exist. none of these. 2 pts