The costs which are considered as expenses in the accounting period are also known as Options: A . &nbspinventory costs B . &nbspperiod costs C . &nbsptimed costs D . &nbsplabor overheads

The costs which are considered as expenses in the accounting period are also kno

Question

The costs which are considered as expenses in the accounting period are also known as

Options:

A . inventory costs

B . period costs

C . timed costs

D . labor overheads

Answer: Option B
Answer: (b).period costs

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Question 2. If the direct material cost is $5500 and the prime cost is $25000, then the direct manufacturing labor would be....

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Question 4. All the costs, which are assigned to manufactured products for specific calculations are classified as....

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Question 8. The process of assigning the indirect costs to any specific cost object is known as....

Question 9. In accounting, the resources sacrifice for achieving or fulfill specific objective is known as....

Question 10. The labor related to the manufacturing of the product can be classified under....

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