A product cost is Select one: O a. expensed in the period in which it is manufactured b. shown with current liabilities on the balance sheet c. shown with operating expenses on the income statement O d. expensed in the period the product is sold

d. expense in the period the product is sold

Explanation:

The formula to compute the product cost is shown below:

= Direct materials used + Direct labor + manufacturing overhead

The product cost is the cost which is incurred to manufactured the cost. It is comprised of direct material used, direct labor cost, and the manufacturing overhead cost. It involves both types of cost i. e indirect and direct cost

It is treated as an expense when the product is sold in a particular year.