I'm so glad I found these videos... my accounting class is entirely online with no lectures, and I am not doing well teaching myself!! Thanks for making them!!

If Ed ever takes these fantastic videos down, my accounting professors are fucked, they might have to actually teach the material themselves instead of listing KZread links!

@monkeymoonky7900

Жыл бұрын

I had two managerial accounting teachers, well actually three since the first one had to be replaced in the beginning of semester because he was so bad. They were all very awful

you are angel .. thanks alot

You are saving my grade in accounting haha.. I can't express enough thanks

@Edspira

2 жыл бұрын

You got this!

you are an angel… thank you so much for these videos…

I love these videos!!! very clear!!! saved my life!!!

@Edspira

3 жыл бұрын

Thank you!

The more production capabilities are maximized the lower period costs become!

Thank you thank you thank you thank you thank you thank you thank you thank you thank you thank you

Do these videos relate to the WGU course of cost and managerial accounting?

Thank you so much...textbook isn't so well at explaining these topics.

Thank you for this! Just one question, why is marketing a period cost? Isn't it connected to the products?

Does insurance also including in period cost?

@Edspira

5 жыл бұрын

If the insurance is for something not related to manufacturing, then it would be a period cost. If the insurance is related to manufacturing (i.e. insurance on the factory), then this would be considered manufacturing overhead and be a part of the product's cost.

I have a factory and pay a monthly Electricity Bill. Period cost? or part of OH>>>product cost?

@Awall2131

8 жыл бұрын

+Yoshi Negus MOH because it is related to the factory

@ahmedalswaity7914

6 жыл бұрын

If the utilities are related to the factory they are MOH and thus product costs

@nengangcharles1138

5 жыл бұрын

No, Manufacturing Overhead which falls under Product cost

Are electricity bills considered as a period cost?

@phillipn.8320

4 жыл бұрын

If it’s electricity for the factory then yes, it’s MOH so a product cost. If it’s electricity for an accounting office building then it’s a period cost.

hi. Are all periods costs indirect costs? Thanks

@bartolome.malagon.ramirez

3 жыл бұрын

That seems to be the case, see this link for more details: www.investopedia.com/ask/answers/102714/what-are-differences-between-period-costs-and-product-costs.asp

@awilliams7607

2 жыл бұрын

yes in a sense it is

Is period cost are fixed cost?

@Edspira

6 жыл бұрын

Not all period costs are fixed costs. For example, you will have more selling costs as production increases. Thus selling costs would be a variable cost. However, something like a copy machine lease would be be a fixed amount per month.

@faizakhtaransari4060

5 жыл бұрын

No, not necessarily. For instance, commission is a variable cost but at the same time it is also Period Cost.

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