An amount that should be charged to the current accounting period as an expense. Related Q&A What is the cost of goods sold? Is rent expense a period cost or a product cost? What is the cost of goods manufactured? Are insurance premiums a fixed cost?
The meaning of COSTUME is the prevailing fashion in coiffure, jewelry, and apparel of a period, country, or class. How to use costume in a sentence.
Post the Definition of costume to Facebook Facebook Share the Definition of costume on Twitter Twitter Kids Definition costume 1 of 2 noun cos·tume ˈkäs-ˌt(y)üm 1 : the style of clothing, ornaments, and hair characteristic of a certain period, region, or class ancient...
Definition:Period costs are expenses that are easier to attribute to times and accounting periods than actual production processes or finished goods. What Does Period Cost Mean? Contents[show] Typically, managerial accountant want to classify expenses in categories that can improve operations. Manufacture...
The Formula for Cost Depletion Is: Cost of depletion=APVTR×Uwhere:APV=adjusted property valueTR=total reservesU=units extracted in a given periodCost of depletion=TRAPV×Uwhere:APV=adjusted property valueTR=total reservesU=units extracted in a given period ...
Things to consider, though, are the premiums and coverage. All else being equal, first dollar policies cost the insurance company more, so they will charge a higher premium. When an insurable event occurs, the driver's out of pocket costs are less, but each month or year that driver is ...
The longer the period of time the current base period lasts, the greater risk the insurer is under. This means that the length of a benefit period tends to affect the price of the premium. As a benefit period nears its end, the insurer will let the policyholder know the cost to renew....
The Renaissance was a period in European civilization that immediately followed the Middle Ages and reached its height in the 15th century. It is conventionally held to have been characterized by a surge of interest in Classical scholarship and values. T
or investor. The next best choice refers to the option which has been foregone and not been chosen. Instead, another option, assuming it to be better and more rewarding and fruitful, has been selected. In other words, Opportunity Cost is the cost of the sacrifice of an available opportunity...
Period. Where you get tripped up is thinking this promise must be contained in a single sentence or tagline. It can’t. Those are merely starting points. Places where you begin to tell the stories (plural!) of how you solve a particular problem andwhy you’re uniquely suitedto be the ...