therivg E

torlo.com$/$securedmlockdown

bled: Exam $1(3)$

Product costs:

Multiple Choice

Are moved to the income statement for any unsold inventory at the end of the year.

Are expensed as cost of goods sold when the product is sold.

Are expensed on the income statement when incurred.

Are expenditures identified more with a time period rather than with units of product.

Include selling and administrative expenses.

$5$ of $39$

Net$3$

MacBook Pro