Which of the Following Is Considered a Period Cost Under

question 175

Multiple Choice

Which of the following is considered a period cost under variable costing but not under absorption costing?

• A) fixed selling and administrative costs
• B) variable manufacturing costs
• C) fixed manufacturing overhead
• D) variable selling and administrative costs

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Definitions:

U.S. Nonprofit Sector

The segment of the United States economy composed of organizations that operate for public or social benefit rather than for profit, including charities, foundations, and advocacy groups.

International Classification

A system used to categorize entities or information on a global scale, making international coordination and analysis possible.

Nonprofit Organizations

Entities that operate for the public or social benefit without the primary goal of making profits for owners or shareholders.

Nonprofit Sector Project

An initiative or plan undertaken within the nonprofit sector aimed at achieving specific social, cultural, or community objectives.