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Which of the following is true regarding period and product costs? Factory lease is a...

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Accounting

Which of the following is true regarding period and product costs?

Factory lease is a period cost, and sales commissions are a product cost.

Factory lease is a product cost, and sales commissions are a product cost.

Factory lease is a period cost, and sales commissions are a period cost.

Factory lease is a product cost, and sales commissions are a period cost.

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