Which of the Following Is a Period Cost Quizlet

Selling expenses or production expenses. Period cost is generally associated with the time.

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Wages of production line employees.

. They are expensed on the profit statement. These costs doesnt affect the one specific product it involves in various products over a period of time. Warehouse and inventory movement are.

Anything at corporate headquaters anything related to selling the product shipping costs administrative salaries executive salaries administrative office expenses sales commissions advertising research and development etc-Warehouse costs and people who move inventory are period costs. V1 Which of the following is considered a period cost. Fixed cost period cost and indirect cost with regards to units of product.

A property tax at the corporate headquarters is. Fixed cost product cost and direct cost with regards to units of product. The costs which are included in the period cost are not related with the production procedure.

General expenses or selling expenses b. Period costs are classified as either a. Administrative salaries expense for the current month.

Fixed cost product cost. Transportation cost on goods received from suppliers. The cost of windows to a homebuilder would be.

Selling expenses or administrative expenses c. Which of the following is considered a period cost. A When the merchandise is sold B When the.

Direct materials direct labor and manufacturing labor are all. C A Transportation cost on goods received from suppliers B Cost of merchandise purchased Advertising expense for the current month None of these answer choices are considered a period cost 2 When are product costs matched directly with sales revenue. Administrative expense or production expenses d.

Product costs include direct materialsdirect labour and. None of the above is considered a period cost. Period costs are not included in product costs.

2 Which of the following is a period cost. Example of period cost are as follows. Administrative cost is a period cost.

The cost of a manufactured product generally consists of direct materials cost direct labor cost and factory overhead cost. Variable cost product cost direct cost with regards to units of product. True Period costs include direct materials and direct labor.

Cost of merchandise purchased. Salaries of plant supervisors D. False The cost of materials entering directly into the manufacturing process is classified as factory overhead cost.

2 Which of the following is. Anything related to corporate is a.

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