Which of the following is assigned to goods that were either purchased or manufactured for resale?
　　A. Opportunity cost.
　　B. Period cost.
　　C. Product cost.
　　D. Relevant cost.
　　Answer:C
　　C is corrent. The requirement is to identify the type of costs that are assigned to goods for resale. C is corrent because product costs are assigned to such goods to move the costs to cost of sales when they are sold and to value inventory for financial statement purposes.
　　A is incorrect because opportunity cost is a benefit given up to pursue some course of action.
　　B is incorrect because a period cost is a cost that is expensed in the period in which it is incurred.
　　D is incorrect because a relevant cost is one that is relevant to a particular decision.