Which of the following costs are treated as product costs by a merchandising company, such as Walmart? Which costs are treated as period costs?

is it product cost or period costs?

1Cost of leasing the retail locations

2Cost of manager's and sales associates' salaries

3Cost of merchandise purchased for resale

4Cost of designing and operating the company's website

5Cost of shipping merchandise to the store

6Cost of providing free shipping to customers who buy product online

7Cost of utilities used in running the retail locations

8Cost of import duties paid on merchandise purchased from overseas suppliers

9Depreciation on store shelving and shopping carts