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Which of the following statements is true when using the absorption costing method? Select one: a. Operating expenses are considered as product costs. b. Absorption

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Which of the following statements is true when using the absorption costing method? Select one: a. Operating expenses are considered as product costs. b. Absorption costing includes only direct product costs in inventory. c. Indirect materials are considered as period costs. d. All manufacturing costs are absorbed into the value of the inventory

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