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How determine what is a product cost

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Reference no: EM132593951

Question 1: What is a product cost?

Option a) A cost that is assigned to units of product we make in the current period.

Option b) This is a cost that is expensed in the same accounting period in which it is incurred.

Option c) This is any cost incurred during a specific period of time.

Option d) To a manufacturing company, this is the same thing as an "inventoriable cost".

Reference no: EM132593951

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