Renwick Corp. manufactures custom-made jewelry. The office supplies that its employees use to perform daily operations is a(an)

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Office supplies used in daily operations by employees at Renwick Corp., a company that manufactures custom-made jewelry, are considered period costs. Period costs are expenses that are not directly tied to the production process and are expensed in the period in which they are incurred. These include selling, general, and administrative expenses like office supplies, which do not directly enter into the manufacturing process.