After two weeks (or more if your symptoms have not diminished) on the. elimination diet, it is time to start testing foods. Add foods one at a time, every three days, to. assess which ones worsen symptoms. Have a generous amount of each new food so you can. see whether it causes symptoms.
Product costs is the costs are the costs incurred in the making of the product. Manufacturing costs --Direct Materials, Direct Labor, and Manufacturing Overhead.
All non-product costs incurred by a company are reported as period costs and are usually labeled as operating expenses on the income statement. The inventoriable cost (product cost) under full costing is $22,000 which includes the variable manufacturing costs of $14,000 and the fixed manufacturing cost of $8,000. This product cost is expensed in the same period during which the inventory is sold. An income statement under the full costing method reports costs based on their function, i.e., product versus period. Revenue is the first item reported on an income statement.