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Depreciation is a period cost and not a product cost as depreciation is still charged even if there is no production or sale of goods.
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∙ 9y ago
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Depreciation on delivery truck is product cost?
Depreciation on delivery truck is period cost as it is not necessary for the making of product.
Is depreciation on a machine a period cost or product cost?
product cost
Is depreciation of delivery truck a period cost?
Yes depreciation of delivery truck is period cost because it is not product cost as it is not require to make the units of product.
The is the Gross National Product minus the .?
A and C Net national product/ depreciation net national product/ capital consumption
Depreciation a product cost?
In the US, the answer depends on what depreciable assets you are talking about.Depreciation on any depreciable asset that is directlyused in the production of goods is part of Manufacturing Overhead, and therefore is a product cost, which is included in the calculation of the value of both inventory and cost of goods sold. So, depreciation on a factory building and factory equipment directly used to manufacture a product are both product costs.Conversely, depreciation on equipment that is NOTdirectly used in production (e.g., depreciation on office computer equipment) is NOT a product cost.
The is the gross national product minus the?
A and C Net national product/ depreciation net national product/ capital consumption
Is the gross national product minus the?
A and C Net national product/ depreciation net national product/ capital consumption
Are gross domestic product and net national product equal?
(gross national product or GNP) minus depreciation = net national product
What is GDP minus capital depreciation?
Net Domestic Product NDP
Definition of per net state domestic product in India?
Net state Domestic Product = Gross Domestic Product(GDP) - Depreciation
What is the cost of depreciation of capital equipment minus GNP?
Net National product
Is depreciation of factory buildings classified as a period cost or product cost?
If factory building is used in production of units of product then it will be added to product cost as it is part of product to manufacture.
