Which of the following is a period cost?

Name: Which of the following is a period cost?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Office salaries are considered period costs because they are not directly tied to the production process and are expensed in the period in which they are incurred. Direct labor, raw materials, and purchases are all considered product costs, which are capitalized as inventory on the balance sheet and expensed as cost of goods sold when the product is sold.

Which of the Following Is a Period Cost