The following are some of the costs incurred by a consulting firm. Salary paid to consultants Fee

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The following are some of the costs incurred by a consulting firm.
Salary paid to consultants
Fee for attending training seminar
Salary to office administrator
Corporate office rent
Cost of general-purpose software
Travel to client site

Required:
Classify each cost as a product cost (above the line for gross margin) or a period cost (below the line for gross margin).

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Related Book For  book-img-for-question

Managerial accounting

ISBN: 978-0471467854

1st edition

Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin

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