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Doctors Medicines MCQs Q&A

  1. inventory costs
  2. product costs
  3. non-manufacturing costs
  4. manufacturing costs
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1 Answers

Answer: Option 3

Period cost, which consists income statement of manufacturing companies belongs to non-manufacturing costs. Non-manufacturing costs refer to those incurred outside the factory or production department. These are costs are not needed in transforming materials into finished goods.

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