For each item listed below, choose whether the item would be considered an inventoriable cost or a period cost for a manufacturing company. Use the following code:
-Sales commissions
A) Inventoriable cost (I)
B) Period cost (P)

Question

Quizplus · Accepted Answer

Sales commissions are considered period costs because they are expensed in the period in which they are incurred, rather than being capitalized as part of the cost of manufactured goods.

For Each Item Listed Below, Choose Whether the Item Would