Answered

Looking for reliable answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Our platform provides a seamless experience for finding precise answers from a network of experienced professionals. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

on the income statement, which of the following would be classified as a period cost? A) Direct Labor B) Direct Material C) Promotion Expense D) Inventory Carry Expense

Sagot :

abiolataiwo2015

On the income statement, the statement that would be classified as a period cost is: C) Promotion Expense.

What is period cost?

Period cost can be defined as those cost that is excluded in a product cost  and this occur because the cost are  non production cost or because the cost are not related to factors of production or what is needed for production to take place.

Promotion expense has to do with the expense a company incurred as a result of promoting their product or brand.

Therefore the correct option is C.

Learn more about period cost here:https://brainly.com/question/13830502

#SPJ1

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.