QUESTION 5 Which of these items is a product cost for a manufacturing firm? A. Depreciation on production equipment B. Sales commissions C Depreciation on a delivery truck D. CEO's salary QUESTION 6 Which of these items is an example of a period cost for a manufacturing company? O A. Indirect materials B. Factory utilities C. Depreciation on factory equipment D. Advertising expense QUESTION 7 Which of these statements is true of Finished Goods Inventory? A. Manufacturing firms use the Finished Goods account to record the cost of completed goods that have not yet been sold. B. Service firms use the Finished Goods account to record the cost of raw materials. C. Manufacturing firms use the Finished Goods account to record the cost of raw materials inventory. D. Merchandising firms use the Finished Goods account to record the cost of completed goods that have not yet been sold