period cost

Definition

General administration and selling expenses incurred and identified in an accounting period and then charged against the sales revenue in the same period.

Use period cost in a sentence

I had to identify the period cost and that could take a few hours, because it was a very long process.

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The period cost measure was employed to match the timing of the transactions as our operations and projects spanned years.

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ABC Company's sales revenue was greatly reduced in the 1st quarter of 2015 by period costs such as advertising and commissions.

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period certain period of digestion