Asked by

Alecxyia Valdez
on Nov 19, 2024

verifed

Verified

In a manufacturing company, all costs are period costs.

Period Costs

Costs that are not directly tied to the production of goods and are expensed in the accounting period they are incurred, such as sales and administrative expenses.

  • Differentiate between period costs and product costs and comprehend their effects on financial statements.
verifed

Verified Answer

VJ
varsha jaitleyNov 19, 2024
Final Answer:
Get Full Answer