Period cost is also called
A)variable cost.
B)direct cost.
C)value-adding cost.
D)noninventoriable cost.

Question

Quizplus · Accepted Answer

Period cost is a type of cost that is not related to the production process or the cost of goods sold, but instead is incurred during a specific period of time, such as a month or a year. These costs are typically expensed in the period in which they are incurred and are not added to the cost of inventory. Therefore, period cost is also called noninventoriable cost. The other options are not applicable in this context.

Period Cost Is Also Called