Which of the following statements best describes the treatment of selling expenses with respect to inventories?
A)They are generally treated as period costs.
B)They are generally unlikely to be related to unsold inventory.
C)None of these
D)(a) and (b)

Question

Quizplus · Accepted Answer

Selling expenses are generally treated as period costs and are unlikely to be related to unsold inventory, as they are incurred to sell the inventory rather than to produce or store it.

Which of the Following Statements Best Describes the Treatment of Selling