ACC 304 help A Guide to career/Snaptutorial ACC 304 help A Guide to career/Snaptutorial | Page 36

a. Selling costs.
b. Interest costs.
c. Raw materials.
d. Abnormal spoilage.
48.
Which of the following is a period cost?
a. Labor costs.
b. Freight in.
c. Production costs.
d. Selling costs.
49. Which method may be used to record cash discounts a
company receives for paying suppliers promptly?
a. Net method.
b. Gross method.
c. Average method.
d. a and b.
50.
Which of the following is included in inventory costs?
a. Product costs.
b. Period costs.