Question

17. Which of the following costs is not a period cost? O A) Advertising Costs O B) Sales Commission O C) Interest D) Direct Labour​

Answer 1

Answer:

Items that are not period costs are: Costs included in prepaid expenses, such as prepaid rent. Costs included in inventory, such as direct labor, direct materials, and manufacturing overhead. Costs included in fixed assets, such as purchased assets and capitalized interest.