Period Costs - Period costs include selling and...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
PERIOD COSTS Period costs are costs that are matched with the revenue of a specific time period rather than included as part of the cost of a salable product. These are nonmanufacturing costs.
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Period costs include selling and administrative expenses. In order to determine net income, companies deduct these costs from revenues in the period in which they are incurred....
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online