q explain about period costsperiod costs are
Q. Explain about Period costs?
Period costs are costs not noticeable to specific products and expensed in the period incurred. Administrative and Selling costs are period costs.
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the measurement of expense accountants measure largely assets used in operating a business by their historical costs consequently they measure a
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q define the product costsproduct costs are costs earns in the acquisition or manufacture of goods since you will see in the next section included as
q explain about period costsperiod costs are costs not noticeable to specific products and expensed in the period incurred administrative and selling
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