Asked by Jaida McNair on May 21, 2024

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Treats fixed selling cost as a period cost
A)Absorption costing only
B)Variable costing only
C)Both absorption and variable costing

Period Cost

Costs that are expensed in the period in which they are incurred, not directly tied to production activities.

Fixed Selling Cost

Expenses that do not change with the level of goods or services sold, such as salaries of sales personnel and rent of the sales space.

  • Acquire knowledge on variable costing and its role in shaping business decisions.
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Verified Answer

NH
Natalie HannaMay 22, 2024
Final Answer :
c