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Sierra Chaney
on Nov 18, 2024

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Advertising expense
A)Product cost
B)Period cost

Advertising Expense

Costs incurred in promoting products or services, classified under operating expenses in the income statement.

Period Cost

Expenses that are not directly tied to the production of goods or services, such as sales, administrative, and other operating expenses.

Product Cost

The total expense incurred to manufacture or acquire a product, including direct materials, labor, and overhead costs.

  • Separate the costs tied to products from those relevant to particular time frames.
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Maria MeyerNov 18, 2024
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