Which is considered a product cost

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Problem 1: Which of the following is considered a product cost?

A.) Utility expense for the current month

B.) Salaries paid to the employees of a merchandiser

C.) Transportation cost on goods received from suppliers

D) Transportation cost on goods shipped to customers.

Problem 2: Which of the following considered a period cost?

A.) Transportation cost on goods received from suppliers

B.) Advertising expense for the current month

C.) Cost of merchandise purchased

D.) None of these answer choices are considered a period cost

Reference no: EM132825154

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