Which of the following is NOT a period cost?Select one:O a.manufacturing costs.Ob general and administrative costs.Oc marketing costs.Od. research and development costs.Which of the following is NOT one of the questions management accountants might attempt to help answer inthe formulation of strategy?Select one:a.What substitute products exist in the marketplace?Ob. Who are our most important customers?Does the strategy comply with GAAP (Generally Accepted Accounting Principles)?Od.Will adequate cash be available to implement the strategy?

Product cost means the cost of producing one unit of finished goods. Period cost means the cost that…

Answered: Which of the following is NOT a period…

Which of the following is NOT a period cost? Select one: O a. manufacturing costs. O b. general and administrative costs. Oc. marketing costs. O d. research and development costs.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 4MC: Which of the following is not one of the five steps in decision-making process? A. identify...

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Concept explainers

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

Question

Which of the following is NOT a period cost?
Select one:
O a.
manufacturing costs.
Ob general and administrative costs.
Oc marketing costs.
Od. research and development costs.
Which of the following is NOT one of the questions management accountants might attempt to help answer in
the formulation of strategy?
Select one:
a.
What substitute products exist in the marketplace?
Ob. Who are our most important customers?
Does the strategy comply with GAAP (Generally Accepted Accounting Principles)?
Od.
Will adequate cash be available to implement the strategy?

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