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How the product costs differ from period expenses

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Reference no: EM132502323

Question 1: Product costs differ from period expenses because

Option a. period expenses are not considered part of operating expenses for a manufacturing company

Option b. period expenses reduce reported income whereas product costs do not

Option c. product costs may appear on the balance sheet as assets

Option d. product costs are expenses for manufacturing companies and period expenses are expenses for service organizations

Reference no: EM132502323

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