Select the appropriate classification for each of the following costs.
-Marketing costs
A)Period
B)Product

Name: Select the appropriate classification for each of the following costs. -Marketing costs A)Period B)Product
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Marketing costs are typically incurred on a regular basis to promote a company's products or services. As such, they are generally classified as period costs that are expensed in the period in which they are incurred, rather than being added to the cost of a specific product.

Select the Appropriate Classification for Each of the Following Costs