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Please review the terms “Product Costs” and “Period Costs” in Chapter 18 of your eText. Product...

Please review the terms “Product Costs” and “Period Costs” in Chapter 18 of your eText. Product costs consist of Direct Materials, Direct Labor, and Factory Overhead. Period Costs consist of Administrative Costs and Selling Costs. Please select an item in your home and list the costs necessary to manufacture that item. The manufacturing cost of the item must include the three product costs and the two period costs. Please be sure to identify each cost that you list.

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