Question: A period cost _ _ _ _ _ _ _ _ . ANSWER Unselected is the cost incurred by manufacturers to produce their products or

A period cost ________.
ANSWER
Unselected
is the cost incurred by manufacturers to produce their products or incurred by merchandisers to purchase their products
Unselected
includes the cost of all resources used throughout the value chain
Unselected
is a cost that can be traced to the cost object
Unselected
is always expensed in the period in which it is incurred and NEVER becomes part of an inventory account

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