Fixed Selling Expenses Are Period Costs

19 views

  • Variable Costing Versus Absorption Costing

    Fixed manufacturing cost is not treated as a product costs under variable costing. Rather, fixed manufacturing cost is treated as a period cost and, like selling and administrative expenses, it is charged off in its entirety against revenue each period..

  • Period Costs Accountingtools

    Period costs. A period cost is any cost that cannot be capitalized into prepaid expenses, inventory, or fixedets. A period cost is more closelyociated with the p.age of time than with a transactional event. Since a period cost is essentially always charged to expense at once, it may more appropriately beed a period .

  • Ch Variable Costing Flashcards Quizlet

    Start studying Ch. Variable Costing. costing what are v. and fixed selling and admin. expenses treated administrative expenses are treated as period costs..

  • What Is Period Cost Definition And Meaning

    Selling and general administrative expenses identified with the accounting period in which they are incurred, and charged against sales revenue in the same period. Alsoed period expense. ..