Question

Each of the following would be a period cost except: Group of answer choices the salary of the company president's secretary. the cost of a general accounting office. depreciation of a machine used in manufacturing. sales commissions.

Answer 1

depreciation of a machine used in manufacturing.

Step-by-step explanation:

A periodic system of inventory can be defined as a method of financial accounting, that typically involves updating informations about an inventory on a periodic basis (at specific intervals) as the sales or purchases are being made by the customers, through the use of either an enterprise management software applications or a digitized point-of-sale equipment.

Periodic cost are costs that occur or arise on a periodic basis such as quarterly.

Each of the above mentioned costs would be a period cost except depreciation of a machine used in manufacturing.