FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is a period cost? Multiple Choice Executive compensation Indirect materials Direct materials Insurance costs related to factory equipment

Which of the following is a period cost?

Multiple Choice

  • Executive compensation

  • Indirect materials

  • Direct materials

  • Insurance costs related to factory equipment

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Integrated Reporting

Integrated Reporting

Authors: Chiara Mio

1st Edition

1137551488, 9781137551481

More Books

Students also viewed these Accounting questions

Question

★★★★★
(a) 2; (b) 1; (c) 0; (d) - 1.

Answered: 1 week ago

Question

★★★★★
Presented below are the components related to an office block that Veenman NV is considering purchasing for ¬10,000,000. Instructions a. Compute depreciation expense for 2019, assuming that...

Answered: 1 week ago

Question

★★★★★
3. Use personal best goals, not between-student competition.

Answered: 1 week ago

Question

★★★★★
What other strategies might help organizations better utilize and manage selection activities?

Answered: 1 week ago

Question

★★★★★
Question 2011 point) An older truck requires monthly maintenance for the next 3.25 years. The cost begins at $400 but will increase each month. We have calculated that the growing payments are...

Answered: 1 week ago

Question

★★★★★
RYou are the bookkeeper for a school and need to record the accrual for teacher vacation pay that has been earned during the last pay period. What is the appropriate accounting journal entry? A Debit...

Answered: 1 week ago

Question

★★★★★
Assume the taxpayer does NOT wish to contribute to the Presidential Election Fund, unless otherwise stated in the problem. Assume all taxpayers did NOT receive, sell, send, exchange, or otherwise...

Answered: 1 week ago

Question

★★★★★
1.You decided to sell Treasury bill futures contracts with a quoted price was 92-50. When you close this position, the quoted price was 91-75. Determine the profit or loss per contract, ignoring...

Answered: 1 week ago

Question

★★★★★
DBC, TDABC, and ABC The Bienestar Cardiology Clinic has two major activities: diagnostic and treatment. The two activities use four resources: nursing, medical technicians, cardiologists, and...

Answered: 1 week ago

Question

★★★★★
Exercise 4-1 (Algo) Computing revenues, expenses, and income LO C1 Fill in the blanks in the following separate income statements a through e. Sales Cost of goods sold Merchandise inventory,...

Answered: 1 week ago

Question

★★★★★
b 4th Quarter Garden Depot is a retailer that is preparing its budget for the upcoming fiscal year. Management has prepared the following summary of its budgeted cash flows: 1st Quarter 2nd Quarter...

Answered: 1 week ago

Question

★★★★★
Why is a department managers timely follow-up so important in the performance improvement process?

Answered: 1 week ago

Question

★★★★★
Why do experts strongly recommend that regardless of the apparent severity of an infraction, no employee should be summarily discharged but rather be placed on indefinite suspension pending an...

Answered: 1 week ago

Question

★★★★★
Comment on the claim that like it or not, people problems are the legitimate terrain of a first-line manager. Why is this often true?

Answered: 1 week ago

Previous Question Next Question