Which of the following is NOT a period cost?
A)General and administrative costs
B)Marketing costs
C)Research and development costs
D)Manufacturing costs

Question

Quizplus · Accepted Answer

Manufacturing costs are product costs as they directly relate to the production process, such as direct materials, direct labor, and overhead costs. Period costs, on the other hand, are incurred outside the production process and are expensed immediately, such as general and administrative costs, marketing costs, and research and development costs.

Which of the Following Is NOT a Period Cost