Is cost-of-goods sold an expense? Is cost-of-goods a product cost or a period cost?

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Is “cost-of-goods sold” an expense? Is “cost-of-goods” a product cost or a period cost?

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Fundamentals of Cost Accounting

ISBN: 978-1259969478

6th edition

Authors: William N. Lanen, Shannon Anderson, Michael W Maher

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Question Posted: Sep 11, 2019 06:35 AM

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Is cost-of-goods sold an expense?
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Is cost-of-goods sold an expense? Is cost-of-goods a product cost or a period cost?

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Yes The costs associated with goods sold in a ...View the full answer

Fundamentals of Cost Accounting

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