Which of the following is classified as a period cost?

Choose the correct answer

Explanation

Period costs are expenses that are not directly tied to the production process and are charged in the period incurred. Selling expenses fall under period costs. Direct labor and factory overhead are product costs. Administrative expenses are also period costs but since option D includes both selling and administrative expenses, which is broader, option A specifically identifies selling expenses as a period cost.

Which of the following is classified as a period cos… — Accounting Mcqs | PakQuizHub