Question 7 Problem 1-7 Depreciation on the manufacturing plant building would NOT a period cost for a manufacturing company. O True O False Question 8 Problem 1-8 The cost of goods that were finished and transferred out of work in process during the current period is called cost of goods manufactured. O True O False Question 9 Problem 1-9 Sunk cost is the benefit lost when choosing one option precludes receiving the benefits from an alternative option. O True O False