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What is a period cost?

Updated: 4/28/2022
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9y ago

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Period cost is the cost which must be incurred by business and not influenced with the fact whether there is any production or not in fiscal year.

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9y ago
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Q: What is a period cost?
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Are period cost a part of inventory cost?

No, A period cost is not the part of inventory cost. Period cost must be charged in the period in whcih it is incurred.


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Can advertisig cost be a period cost?

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