Industries that provide services do not normally have direct contact with their customers.
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Q30: Cost of goods manufactured represents the cost
Q31: All manufacturing costs are classified as overhead.
Q32: Period costs are all costs that are
Q33: For external reporting purposes, costs must be
Q34: Any costs associated with storing, selling, and
Q36: Product costs include direct materials, direct labor,
Q37: Property taxes on a factory building would
Q38: Sales revenue equals the product cost per
Q39: Direct materials can be directly traced to
Q40: Product costs are carried in inventory until
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