Question: Classify the following items as being either product costs or period costs: 1. Depreciation on a vehicle used by the entitys general manager 2. Containers

Classify the following items as being either product costs or period costs:

1. Depreciation on a vehicle used by the entity’s 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 a sales representative

6. Superannuation contributions for production workers by the entity

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