Period Costs
Period costs are those which are not variable based on production and production units. Examples of period costs are rent, insurance etc.
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Cost Accounting
Cost classification according to the accounting treatment
Cost classification refers to how costs are treated in cost accounting. There are two types of costs per treatment. Product Costs Product costs comprise al
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Cost Accounting
What are non-manufacturing costs or period costs?
Period Costs Period costs (nonmanufacturing costs) are expenses incurred to maintain business operations but are not required or vital to the manufacturing
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