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Some companies believe that as long as the sales revenue a customer generates exceeds the cost of ...

Some companies believe that as long as the sales revenue a customer generates exceeds the cost of goods sold, that the customer is profitable. However, companies incur product costs, selling costs, and administrative costs.

Required:

a.	List three items that are classified as product costs.

b.	List three items that are classified as selling costs.

c.	List three items that are classified as administrative costs.

Textbook

Managerial Accounting

Edition: 4^th

Author: Davis

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