When are product costs included on the income statement?
A. When direct materials are being consumed for manufacturing the product.
B. When the product is over 50% completed in the factory.
C. When the product is completed in the factory.
D. When the product is sold and delivered to a customer. None of the above
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Home » Business » When are product costs included on the income statement? A. When direct materials are being consumed for manufacturing the product. B. When the product is over 50% completed in the factory. C. When the product is completed in the factory. D.