Transportation costs can be classified as either period costs or product costs, depending on the context. If the transportation is related to delivering finished goods to customers, it is typically considered a period cost, as it is expensed in the period incurred. Conversely, transportation costs associated with moving raw materials or products within the production process are generally considered product costs and included in inventory. Therefore, the classification depends on the nature of the transportation expense.
No, A period cost is not the part of inventory cost. Period cost must be charged in the period in whcih it is incurred.
period cost
It is period cost
period cost
Period cost
Product cost
yes transportation an ordering cost
Transportation cost is basically cost to operate a transportation vehicle and its maintenance costs. The total cost of transportation would then be the sum of all the components that relate to vehicle of travel.
No, A period cost is not the part of inventory cost. Period cost must be charged in the period in whcih it is incurred.
The cost of transportation in Virginia, or anywhere else, depends on whether it is transportation for goods or for people and the distance and method of transportation such as air, car, bus, truck, rail, etc.
period cost
It is period cost
period cost
Period cost
rail transportation
A total period cost is anything that is not prepaid. To calculate period cost, just include anything that is charged in the period incurred.
Yes selling cost not directly relate to production of units that's why it is period cost.