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What else can I help you with?
Is depreciation on a machine a period cost or product cost?
product cost
Is factory supplies a product or a period cost?
Product cost
Is factory equipment product or period cost?
It is period cost
Is indirect labor cost a period cost?
Indirect labor is considered a period cost because it can't be traced by to the product. If a cost can be traced back to a product, then it is considered a product cost.
Is state income tax is period cost or product cost?
period cost
Is depreciation on a machine a period cost or product cost?
product cost
Is factory supplies a product cost or period cost?
Product cost
Is factory supplies a product or a period cost?
Product cost
Is factory equipment product or period cost?
It is period cost
Is indirect labor cost a period cost?
Indirect labor is considered a period cost because it can't be traced by to the product. If a cost can be traced back to a product, then it is considered a product cost.
Is state income tax is period cost or product cost?
period cost
Cost of a delivery truck is a period cost or product cost?
Should typically be a product cost.
Differentiate between period cost and product cost?
Period Cost: It is that cost which must be incurred by the company no matter it produce any product or not. Product cost: Product cost is that cost which is necessary to produce any production units to earn revenue.
Is machine repair a product cost?
No, machine repair is generally not considered a product cost; it is classified as a period cost. Product costs are expenses directly associated with the manufacturing of goods, such as materials and labor. Machine repair costs are typically categorized as maintenance expenses and are charged to the income statement in the period incurred rather than being allocated to specific products.
Is depreciation on office equipment classified as a period cost or product cost?
period cost
Is salaries of factory security guards a period cost or product cost?
Period cost
Production supervisor's salary period cost?
no...product cost
