Asked by pamela saenz on May 04, 2024
Verified
Salary of secretary to vice president of marketing
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
Marketing
The process and techniques used by organizations to promote and sell their products or services, including market research and advertising.
Administrative Expense
Expenses related to the general operation of a business, including executive salaries, marketing, and other non-production costs.
Period Cost
Operating expenses not directly associated with the production of goods, typically including selling, administrative, and other overhead costs.
- Familiarize oneself with distinguishing period costs into selling expenses or administrative expenses.
Verified Answer
ZK
Learning Objectives
- Familiarize oneself with distinguishing period costs into selling expenses or administrative expenses.