Sales revenue equals the product cost per unit times the number of units sold.
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Q33: For external reporting purposes, costs must be
Q34: Any costs associated with storing, selling, and
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Q36: Product costs include direct materials, direct labor,
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Q39: Direct materials can be directly traced to
Q40: Product costs are carried in inventory until
Q41: All product costs other than direct materials
Q42: The process of assigning an indirect cost
Q43: _ are those costs, both direct and
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