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ozzi
3 years ago
12

Travel expenses incurred by the sales department of a manufacturing company would be classified as: a. indirect labor b. manufac

turing overhead c. a period cost d. a conversion cost e. a product cost
Business
1 answer:
mario62 [17]3 years ago
7 0

Answer:

c. a period cost

Explanation:

Option C, period cos is the correct answer because the period cost is not related to the production and manufacturing of the commodity. Rather it is the cost incurred outside the factory such as marketing expenses, travelling expenses, etc. Therefore, the option "period cost" is the correct answer.  

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B

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Answer:

D. $605,500

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At the end of 2014, the Retained Earning balance was $533,000. This serves as our beginning balance for the year 2015.

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1 year ago
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In most cases, whether the contract has not yet been performed (an executory contract) or has been fully performed (an executed
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