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Unit 1-Chapter lis A manufacturing company prepays its insurance coverage for a three-year period. The premium for the three years is $3,780 and o manufacturing

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Unit 1-Chapter lis A manufacturing company prepays its insurance coverage for a three-year period. The premium for the three years is $3,780 and o manufacturing operations and twenty percent applies to selling and administrative activities. What amounts should be considered product anl ceriod costs respectively for the paid at the beginning of the first year. Eighty percent of the premium applies t first year of coverage? A) B) C) D) Product $3,780 $3,024 $2,016 $1,088 Period $0 $756 $504 $252 Multiple Choice Choice A Prey 1 of 10 l Next >

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