Answered

Welcome to Westonci.ca, your ultimate destination for finding answers to a wide range of questions from experts. Explore thousands of questions and answers from knowledgeable experts in various fields on our Q&A platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

How would the following costs be classified (product or period) under variable costing at a retail clothing store? Cost of purchasing clothing Sales commissions A) Product Product B) Product Period C) Period Product D) Period Period Question 9 options: A) Choice A B) Choice B C) Choice C D) Choice D

Sagot :

Answer:

B) Product Period

Explanation:

As we know that

The product cost is the cost that could be incurred for manufacturing or purchasing the product. All the expenses that are incurred for making the product for ready to sell is come under the product cost

While on the other hand, the period cost is the cost that could be deal with selling expenses

So, the option b is correct

Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.