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Maintenance costs of factory machines consider period cost or product cost?

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Question added by Deleted user
Date Posted: 2013/06/21
SALIK RAFIQUE
by SALIK RAFIQUE , Lecturer , PAC Group of Colleges

Period cost

Bilal  Yaqoob
by Bilal Yaqoob , GL Supervisor , Leejam Sports Company

As it does not relates to particular product and for particular producation time, so it is always treated as Period Cost.

Khaled Abdelrehim ACCA DipIFR CMA
by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

product cost because it is a manufacturing overhead cost

قدرى abu taha
by قدرى abu taha , محاسب , حسن علام

period cost

walid mohamed sherif
by walid mohamed sherif , Chief Of Managerial Accounting , AL Yamamah Steel Industries

product cost because machine is a part from production process so the maintenance cost should be allocated to production cost center then production units .2

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