Product Cost vs Period Cost

  Please watch video below and write a three to four paragraphs summarizing the contents of the video. In your posts you make sure to explain what are product costs and what are period costs. Also explain how product and period costs fit in with direct materials, direct, labor and overhead. https://www.youtube.com/watch?v=fs-67qg_OFk&list=PLxP0KZzCGFYOeZIwY-2IoEoAin-uDgnHl&index=2