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Chapter 7 Review Questions - Chapter 7 Review Questions 1...

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Chapter 7 Review Questions
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1. Which of the following costs at a sofa manufacturing company would be treated as a period cost under the variable costing method? A. the cost of glue used to assemble the wood frame of each sofa produced B. depreciation on sales vehicles C. the salary of a factory manager D. both B and C above 2. Which of the following costs at a manufacturing company would be treated as a product cost under the absorption costing method? 3. Which of the following statements is true?
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