Solution-Classify the items as either product costs or

Classify the items as either product costs or period costs

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Reference no: EM132654451

Question - Classify the following items as either product costs or period costs.

1. Depreciation on a vehicle used by the entitys general manager.

2. Containers used to package finished goods.

3. Salaries of workers handling inventory during production.

4. Rent on the premises.

5. Lease payments on a motor vehicle used by sales representatives.

6. Superannuation contributions for production workers by the entity.

Reference no: EM132654451

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Classify the items as either product costs or period costs

Reference no: EM132654451

Reference no: EM132654451

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