Period costs are all costs that are not product costs, such as office supplies.
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Q2: Prime cost is the sum of direct
Q27: All product costs other than direct materials
Q28: Costs can be assigned to cost objects
Q30: Cost of goods manufactured represents the cost
Q31: All manufacturing costs are classified as overhead.
Q33: For external reporting purposes, costs must be
Q34: Any costs associated with storing, selling, and
Q35: Industries that provide services do not normally
Q36: Product costs include direct materials, direct labor,
Q37: Property taxes on a factory building would
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