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Which of the following is not an example of a period cost for a manufacturing plant?...

Which of the following is not an example of a period cost for a manufacturing plant?

a. Assembly line workers' wages

b. Office rent

c. Depreciation of office machinery

d. Office lighting

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Answer #1

ANSWER : OPTION A - ASSEMBLY LINE WORKER WAGES

generally period costs are the cost that are not included within the cost of goods sold on the income statement.

office rent, depreciation,office lightning are the administrative expenses and are not included in the cost of goods sold.

Period cost : It is generally referred to cost that is most closely associated with the passage of time and that cost cannot be capitalised into the prepaid expenses, inventories,or fixed assets.

therefore worker wages cost is included in cost of goods as direct expenses.

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