Question: Required Use the following table to classify each cost as a product cost or an SG&A cost. Also indicate whether the cost would be recorded

Required Use the following table to classify each cost as a product cost or an SG\&A cost. Also indicate whether the cost would be recorded as an asset or an expense: Assume product cost is defined by generally accepted accounting principles. The first item is shown as an example. (Select "Neither" if none of the categories apply.)

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