All of the Following Costs Should Be Charged to Expense

question 103

Multiple Choice

All of the following costs should be charged to expense in the period in which they are incurred EXCEPT for

• A)manufacturing overhead costs for a product manufactured and sold in the same accounting period.
• B)costs which will not benefit any future period.
• C)costs from idle manufacturing capacity resulting from an unexpected plant shutdown.
• D)costs of normal shrinkage and scrap incurred for the manufacture of a product in ending inventory.

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Definitions:

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The slowest speed at which an activity or movement is conducted, often context-dependent such as in learning or physical activity.

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The use of digital technologies, such as social media, emails, and text messages, to harass, threaten, embarrass, or target another person.