📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    The company has to pay for the warehouse to keep its

    goods. The warehousing cost will be classified in the company's accounts as ________
    A Direct Expense Correct Answer Incorrect Answer
    B Production Overhead Correct Answer Incorrect Answer
    C Administrative Overhead Correct Answer Incorrect Answer
    D Selling Overhead Correct Answer Incorrect Answer
    E Indirect Expense Correct Answer Incorrect Answer

    Solution

    Selling Costs: Selling costs are those costs which are incurred in connection with the sale of goods. Some examples of such costs are: cost of warehousing, advertising, salesmen salaries, etc.

    Practice Next
    More Financial Management Questions
    ask-question