Ask Question
13 October, 03:46

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.

+3
Answers (1)
  1. 13 October, 03:54
    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?
Find 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 you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers