Product Costs That Have Become Expenses Can Be Found In

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Inventoriable (i. e. , product) costs that have become expenses can be found in: Cost of goods sold. Cost of goods sold. 31. ) a materials requisition slip showed that direct materials requested were p53,000 and indirect materials requested were p9,000.
•a period or a product cost (preparing financial statements) 1. Hamburger buns in a wendy's restaurant. Advertising by a dental office. Shipping canned apples from a del monte plant to customers. Insurance on a baush & lomb factory producing contact lenses. Product costs that have become expenses can be found in. On average, a book sells for $60. Variable selling expenses are $5 per book with the remaining selling expenses being fixed. The variable administrative expenses are 3% of sales with the remainder being fixed.
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