Which of the following is NOT a period expense in a manufacturing firm?
A)selling expense
B)administrative expenses
C)R&D expenses
D)cost of goods sold

Question

Quizplus · Accepted Answer

Cost of goods sold is a product cost and not a period expense as it includes the direct costs of manufacturing a product. Selling expenses, administrative expenses, and R&D expenses are all period expenses as they are incurred to support the overall operation of the business rather than to manufacture a specific product.

Which of the Following Is NOT a Period Expense in a Manufacturing