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The following are true regarding product costs except a. product costs consist of direct labor, direct materials, and factory overhead. b. product costs can be
The following are true regarding product costs except
a. product costs consist of direct labor, direct materials, and factory overhead.
b. product costs can be found in three accounts in the balance sheet.
c. product costs include sales and administrative expenses.
d. product costs are found on the balance sheet until they are sold.
Anyone know the answer to this? I know it's definitely not A.
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