Question 1 of 1 Which of the following business operations h

Question 1 of 1 Which of the following business operations has both product and period costs? O A dry cleaner O A retail watch company O A department store O A car manufacturer O A human resources consultant submit answer & continue

Solution

Answer - a car manufacturer

Product cost is cost incurred upto the point of production and all other costs incurred will be period costs

Answer - a car manufacturer Product cost is cost incurred upto the point of production and all other costs incurred will be period costs