Ask Question
22 October, 09:57

Which of the following statements are true? Period costs are expensed in the same period in which they are incurred. Period costs are included as part of the cost of goods. The wages of assembly-line workers are period costs. Sales commissions are period costs.

+4
Answers (1)
  1. 22 October, 13:09
    0
    Sales commissions are period costs

    Explanation:

    Period costs include are selling expenses which comprise of sales salaries, sales commissions, and delivery expense, and general and administrative expenses such as office salaries, and depreciation on office equipment
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following statements are true? Period costs are expensed in the same period in which they are incurred. Period costs are ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers