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Classify each cost of a paper manufacturer as either a product cost or a period cost: Period cost a. Salaries of scientists studying ways to speed forest growth. Period cost b. Cost of computer software to tract WIP Inventory. ▼ c. Cost of electricity at the paper mill. Period cost d. Salaries of the company's top executives. Product cost e. Cost of chemicals to treat the paper. ▼ f. Cost of TV ads. Period cost g. Depreciation on the manufacturing plant. Product cost h. Cost to purchase wood pulp. ▼ i. Life insurance on the CEO.
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