Which of the following is a period cost?
A) Direct material.
B) Manufacturing overhead.
C) Depreciation on cars driven by a firm's president and treasurer.
D) Miscellaneous supplies used in production activities.
E) Indirect labour.
Correct Answer:
Verified
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Q18: Depreciation of factory equipment is classified as:
A)operating
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A) expensed when incurred.
B) inventoried.
C)
Q40: Which of the following statements is true?
A)
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