Question: Please give more than the textbook answer. Some things to consider - how does this relate to your job? How does this relate to a business that you know about? If you don't have a job, then try to relate the topic to a business or industry that you are interested in. You need to post one good-quality original post to one of my questions each week . Please answer to below question.
Explain the difference between a product cost and a period cost and give an example of each.