Which of these statements is true regarding product and period costs? 1. Factory maintenance is a product

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Which of these statements is true regarding product and period costs?
1. Factory maintenance is a product cost and sales commission is a period cost.
2. Sales commission is a product cost and factory rent is a period cost.
3. Factory wages are a product cost and direct material is a period cost.
4. Sales commission is a product cost and depreciation on factory equipment is a product cost.

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Managerial Accounting

ISBN: 978-0073379586

2010 Edition

Authors: John J. Wild, Ken W. Shaw

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