Fixed selling expenses are period costs
A) under both absorption and variable costing.
B) under neither absorption nor variable costing.
C) under absorption costing, but not under variable costing.
D) under variable costing, but not under absorption costing.

Question

Quizplus · Accepted Answer

Fixed selling expenses are considered period costs under both absorption and variable costing methods, as they are not directly tied to the production of goods and are expensed in the period in which they occur.

Fixed Selling Expenses Are Period Costs