Product Costs in Manufacturing (aka Inventoriable Costs)

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Edspira
Published at : 14 Dec 2020
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This video explains the concept of product costs (aka inventoriable costs) for a manufacturing firm. An example is provided to illustrate how product costs attach to a product (first as inventory, then later through cost of goods sold), as opposed to period costs which are expensed as incurred (and thus are not attached to the product or affected by its flow).



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Product CostManufacturing CostManagerial Accounting

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