For each of the following, indicate whether the cost would typically be considered a product or period cost for the cost object given.
-Selling costs for the period
A)Product
B)Period

Question

Quizplus · Accepted Answer

Selling costs for the period are typically considered period costs, since they are related to the overall selling and administrative expenses incurred by a business in a given period, rather than being directly tied to the production of a specific product or batch of products.

For Each of the Following, Indicate Whether the Cost Would