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Which of the following consider period cost rather than product cost :- 1- direct cost 2- variable cost 3- abnormal cost 4- fixed cost

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Question added by Ahmed kandil , Cost Controller , Battour Holding Cpompany
Date Posted: 2015/03/04
Sara Khan
by Sara Khan , financial and admin assistant , Ministry Of Defence

Option4 Fixed cost.........................

Hany Adel Abdullah
by Hany Adel Abdullah , Head of Purchasing Departement , Kuwait Dairy Company (KDCOW)

abnormal cost can increase the cost of ending inventory but not period cost the fixed cost only can consider as a period cost

Muhammad Saeed
by Muhammad Saeed , Accountant , Abaseen Steel Re-Rolling Mills

Yes, Fixed cost should be considered as period cost.

Khurram Shaukat Memon
by Khurram Shaukat Memon , Academic Research Writer , Freelance Academic Research Writer

I think abnormal cost is computed on periodic basis.

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option >>>>>>>>> 4- fixed cost

Anas  Dawah
by Anas Dawah , Senior Internal Auditor , Talal Abu-Ghazaleh Global (TAGI)

4-                            

Fixed costs

Mohammed Shahid Ullah
by Mohammed Shahid Ullah , Executive Director (Finance) , Coal Power Generation Company Bangladesh Limited

Fixed cost are the period cost of the product cost.

Syed Ammar
by Syed Ammar , Senior Accounts Officer , The City Schools (Group Head office)

Fixed Cost is called Period Cost

aziz urrehman
by aziz urrehman , key account executive , alkhair group of companies foam manufacturing

3-Abnormal cost is the ans for the Q.

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

The most optimsl answer is abnormal spoilage cost fixed cost may be product cost if it indirect manufacture cost and may be period cost if it non manufactre cost

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