Which of the following are expensed in the period in which they are incurred?
A)direct materials
B)product costs
C)factory overhead
D)nonproduction costs

Question

Quizplus · Accepted Answer

Nonproduction costs, such as selling, general, and administrative expenses, are expensed in the period in which they are incurred, rather than being capitalized as part of the cost of producing goods.

Which of the Following Are Expensed in the Period in Which