Because service firms do not produce inventory, most of their costs are period costs. You...
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Accounting
Because service firms do not produce inventory, most of their costs are period costs. You can usually find these costs on a service firm's income statement as: Multiple Choice indirect labor expenses. period expenses. operating expenses. cost of goods sold. overhead expenses.
Because service firms do not produce inventory, most of their costs are period costs. You can usually find these costs on a service firm's income
statement as:
Multiple Choice
indirect labor expenses.
period expenses.
operating expenses.
cost of goods sold.
overhead expenses.
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