Answered: Which of the following cost is not…

Which of the following cost is not considered as period cost under marginal costing? Variable selling expense Fixed manufacturing expense Fixed office expenses Variable manufacturing expense

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 8MC: Which of the following is not considered a product cost? A. direct materials B. direct labor C....

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Concept explainers

Loanable Funds Theory

The loanable funds theory is a neoclassical theory that determines the interest rate where the demand for loanable investments and supply of loanable funds intersect. To determine the interest rate, this theory employs linear regression and a demand curve. At the equilibrium point, demand for borrowings and demand for the issuance of borrowing funds are inextricably linked. This point of equilibrium should equalize demand and the supply of money available for borrowing.

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Which of the following cost is not
considered as period cost under marginal
costing?
Variable selling expense
Fixed manufacturing expense
Fixed office expenses
Variable manufacturing expense

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