When acturing products, direct labor and direct materials are classified as a) period costs and expensed when incurred 8) product costs and expensed when the goods are sold. c) period costs and expensed when the goods are sold. d) product costs and expensed when incurred

The correct answer is B) product costs and expensed when the goods are sold.

Explanation:

When acturing products, direct labor and direct materials are classified as product costs and expensed when the goods are sold. As per accounting standard (IAS 2) these cost become part of inventory cost. These cost are balance sheet item untill sold. These costs are charged in profit and loss account when product is sold.

one of the disadvantages of getting a government sponsored mortgage is they put a limit on the purchase price of the house. because the government is in charge of the mortage loan and terms, they are able to control how much money they are allowing someone to take out for the loan. not only are they incontrol, it's a lengthy process for a government sponsored mortgage.

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.