Asked by Braeli Payne on May 03, 2024
Verified
Salary of secretary to vice president of finance
A)Product cost - direct materials
B)Product cost - direct labor
C)Product cost - factory overhead
D)Period cost - selling expense
E)Period cost - administrative expense
Vice President
An executive or senior officer in a business or organization, typically reporting to the president or CEO, with specific responsibilities that vary by the entity.
Finance
The management of large sums of money, especially by governments or large companies, encompassing activities such as lending, investing, and budgeting.
Administrative Expense
Costs related to the general operation of a company, which may include salaries of executive staff, office supplies, and utility expenses not directly tied to production.
- Master the classification of period costs as either selling or administrative expenses.
Verified Answer
SG
Learning Objectives
- Master the classification of period costs as either selling or administrative expenses.