Question Tag: Period Costs

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MI – May 2018 – L1 – SA – Q9 – Cost Classifications

Classification of period costs.

Which of the following may NOT be classified as a period cost?
A. Depreciation
B. Consumables
C. Vehicle Insurance
D. Rent
E. Administrative Salaries

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MI – Mar-Jul 2020 – L1 – SA – Q10 – Cost Classification

Identify the cost that is charged against revenue irrespective of production volume.

Costs that are charged against revenue irrespective of the volume of production achieved are known as:

A. Semi-variable costs
B. Period costs
C. Direct costs
D. Marginal costs
E. Conversion costs

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MI – May 2018 – L1 – SA – Q9 – Cost Classifications

Classification of period costs.

Which of the following may NOT be classified as a period cost?
A. Depreciation
B. Consumables
C. Vehicle Insurance
D. Rent
E. Administrative Salaries

Login or create a free account to see answers

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You're reporting an error for "MI – May 2018 – L1 – SA – Q9 – Cost Classifications"

MI – Mar-Jul 2020 – L1 – SA – Q10 – Cost Classification

Identify the cost that is charged against revenue irrespective of production volume.

Costs that are charged against revenue irrespective of the volume of production achieved are known as:

A. Semi-variable costs
B. Period costs
C. Direct costs
D. Marginal costs
E. Conversion costs

Login or create a free account to see answers

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You're reporting an error for "MI – Mar-Jul 2020 – L1 – SA – Q10 – Cost Classification"

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