period cost

Are Wages A Period Cost?

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Are Wages A Period Cost? Period costs are typically divided into two categories: administrative costs and selling costs. Examples of period costs include: … Salaries: Salaries paid to non-production employees, such as administrative staff, managers, and other support personnel, are considered indirect labor expenses, which are a period cost. Are wages period or product cost?

Does Factory Maintenance Have Period Cost?

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Does Factory Maintenance Have Period Cost? Repairs to factory equipment are not period costs. Rather, the costs of repairs to factory equipment are product costs. The repair costs within the factory are part of the factory overhead (also known as manufacturing overhead) which is assigned to the products when they are manufactured. What is factory