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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.
Cost of a delivery truck is a period cost or product cost?
Should typically be a product cost.
Is depreciation of administrative equipment product cost or period cost?
Depreciation of administrative equipment is period cost because if production is done or not those assets will be depreciated hence cost will be charged as period cost.
Is depreciation on office equipment classified as a period cost or product cost?
period cost
Is depreciation on a machine a period cost or product cost?
product cost
Is depreciation of delivery truck period cost?
yes
Depreciation on delivery truck is product cost?
Depreciation on delivery truck is period cost as it is not necessary for the making of product.
Cost of a delivery truck is a period cost or product cost?
Should typically be a product cost.
Is depreciation of administrative equipment product cost or period cost?
Depreciation of administrative equipment is period cost because if production is done or not those assets will be depreciated hence cost will be charged as period cost.
Is depreciation on office equipment classified as a period cost or product cost?
period cost
Is depreciation a product dost?
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.
Is depreciation on a machine a period cost or product cost?
product cost
Is delivery cost a period cost?
yes
Is depreciation on factory equipment a period cost?
It's a Product cost. Think Selling (Store) and Administrative(Office) cost for period cost. The machines are in the factory.
Is insurance of delivery vehicles product cost or period cost?
yes
What are the arguments in favor of treating fixed manufacturing overhead cost as period costs?
Fixed manufacturing cost is treated as period cost because it has to be incurred no matter there is any production or not like machinery depreciation or building depreciation etc these kinds of costs cannot be eleminate in short run.
Is depriciation a fixed cost?
Yes depreciation is a fixed cost of business which is an allocation of fixed asset cost over period of asset life.
