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https://www.answers.com/Q/Is_delivery_cost_a_period_cost
Aug 31, 2012 · Is delivery cost a period cost? Wiki User August 31, 2012 9:48PM. yes. Related Questions. Asked in Business Accounting and Bookkeeping Is depreciation of delivery truck a period cost?
https://www.accountingcoach.com/blog/product-cost-period-cost
The period costs are reported as expenses in the accounting period in which they 1) best match with revenues, 2) when they expire, or 3) in the current accounting period. In addition to the selling and general administrative expenses, most interest expense is a period expense.
https://www.dummies.com/business/accounting/product-costs-versus-period-costs-practice-questions/
Which of the items recorded or paid is a period cost? Cloud Glasses Company sells glasses that protect the wearer from supposedly dangerous ultra-blue rays emitted by clouds. The company has the following information: Indirect materials used in products: $6,400. Depreciation on delivery equipment: $10,200. Gas and oil for delivery trucks: $2,200
https://www.accountingcoach.com/blog/depreciation-delivery-trucks-period-cost
The depreciation on the trucks used to deliver products to customers is a period cost. The depreciation on delivery trucks will be reported as an expense on the income statement in the period in which it occurs. It might be reported as part of Selling Expenses or as part of Selling, General and A...
https://www.accountingtools.com/articles/2017/5/6/delivery-expense
Nov 19, 2018 · Delivery expense is a general ledger account, in which is stored all freight out expenses incurred by a business. Expenses that may be stored within this account include the costs of fuel and fees paid to third-party transport services. This account may be included within the cost of goods sold line item in the income statement.
https://www.accountingtools.com/articles/what-is-a-period-cost.html
A period cost is any cost that cannot be capitalized into prepaid expenses, inventory, or fixed assets.A period cost is more closely associated with the passage of time than with a transactional event.Since a period cost is essentially always charged to expense at once, it may more appropriately be called a period expense. A period cost is charged to expense in the period incurred.
https://www.cliffsnotes.com/study-guides/accounting/accounting-principles-ii/managerial-and-cost-accounting-concepts/costing-terminology
Period costs are those costs recorded as an expense in the period they are incurred. Selling expenses such as sales salaries, sales commissions, and delivery expense, and general and administrative expenses such as office salaries, and depreciation on office equipment, are all considered period costs.
https://www.accountingformanagement.org/product-cost-and-period-cost/
Product costs are initially treated as inventory and do not appear on income statement until the product for which they are incurred is sold. When the product is sold, these costs are transferred to cost of goods sold account. For example, if a company manufactures …
https://quizlet.com/268136377/chapter-14-flash-cards/
-Office rent is a product cost and supervisors' salaries expense is a period cost.-Sales commissions and indirect labor are both period costs.-Office salaries expense and factory maintenance are both product costs.-Delivery expense is a product cost and indirect materials is a period cost.
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