Which of the following items would be reported directly on the income statement as a period cost?
A) Selling and administrative salaries
B) Cost of lubricant for oiling machinery
C) Wages paid to machine operators
D) All of these

Question

Quizplus · Accepted Answer

Selling and administrative salaries are period costs as they are not directly related to the production of goods or services.

Which of the Following Items Would Be Reported Directly on the Income