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Period cost, which consists income statement of manufacturing companies belongs to

A. inventory costs

B. product costs

C. non-manufacturing costs

D. manufacturing costs

Answer: Option C

Solution(By Examveda Team)

Period cost, which consists income statement of manufacturing companies belongs to non-manufacturing costs. Non-manufacturing costs refer to those incurred outside the factory or production department. These are costs are not needed in transforming materials into finished goods.

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