Question
Would the following costs be classified as product or period costs under variable costing at a retail clothing store? Salary of sales clerk Salary of
Would the following costs be classified as product or period costs under variable costing at a retail clothing store?
Salary of sales clerk Salary of cost accountant
A) Product Product
B) Product Period
C) Period Product
D) Period Period
| a. | A) | |
| b. | B) | |
| c. | C) | |
| d. | D) |
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
7th Edition
978-0470477151, 978-0-470-5562, 470556242, 0-470-55624-2, 9780470556245, 978-0470507018
