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QUESTION
Are the following Costs period costs or inventoriable costs?
Are the following Costs period costs or inventoriable costs?
- the building is for fabrication of the product
- the building is for storage of the finished product prior to delivery to customer
- the building is for storage of the raw material
- the time the factory equipment is used to build the product
- the time the equipment is used for test runs during maintenance
- the time the equipment will be used by the sales force to demonstrate the company product
