Which of the Following Is a Period Cost

question 105

Multiple Choice

Which of the following is a period cost?

• A)Direct materials used
• B)Direct labor costs applicable to production
• C)Manufacturing overhead
• D)Advertising expense

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Definitions:

Industry Guides

Publications or documents issued by regulatory bodies that provide compliance guidelines for specific industries.

Consumer Laws

Regulations designed to protect the rights of consumers and ensure fair trade, competition, and accurate information in the marketplace.

FTC Commissioners

FTC Commissioners are officials appointed to the Federal Trade Commission, responsible for enforcing antitrust and consumer protection laws in the United States.

Year Terms

Fixed periods of time, often used in contracts and employment agreements, that are designated in terms of years.