Question: please answer this Ch 1 - Cost Concepts Quiz i Saved Help Save & Exit Submit A manufacturing company prepays its insurance coverage for a

please answer this

please answer this Ch 1 - Cost Concepts Quiz i
Ch 1 - Cost Concepts Quiz i Saved Help Save & Exit Submit A manufacturing company prepays its insurance coverage for a three-year period. The premium for the three years is $3,120 and is paid at the beginning of the first year. Ninety percent of the premium applies to manufacturing operations and ten percent applies to selling and administrative activities. What amounts should be considered product and period costs respectively for the first year of coverage? 01:28:34 Product Period $3, 120 $2, 808 $312 $1, 872 $208 $936 $104 Multiple Choice O Choice A

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