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quirea: 1 & 2 . Identify each of the preceding costs as either a product or a period cost. If the cost is a product
quirea:
& Identify each of the preceding costs as either a product or a period cost. If the cost is a product cost, decide whether it is for direct materials DM direct labor DL or manufacturing overhead and also identify each of the preceding costs as variable or fixed cost. Assumes that screws, sandpaper, and paint are not worth the effort to trace to specific units.
Determine the total cost for each of the following:
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Req and
Req
Determine the total cost for each of the following:
tablea Direct materials,b Direct labor,c Manufacturing overhead,d Prime cost,e Conversion cost,f Total product cost,g Total period cost,h Total variable cost,i Total fixed cost,
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