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Wilson Company's fixed manufacturing overhead costs totaled $400,000 and variable selling costs totaled $250,000. Under full costing, how should these costs be classified? Period Costs
Wilson Company's fixed manufacturing overhead costs totaled $400,000 and variable selling costs totaled $250,000. Under full costing, how should these costs be classified?
Period Costs Product Costs
$400,000 $250,000
$0 $650,000
$650,000 $0
$250,000 $400,000
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