Product Costs and Period Costs

This video provides a relatively simple, qualitative explanation of how expenses are categorized as either product (manufacturing) costs versus period (non-manufacturing) costs within a production firm and is intended for students just beginning a course in managerial accounting.

• #comedy
• #managerial_accounting
• #management_accounting
• #product_costs
• #period_costs
• #direct_material
• #direct_labor
• #manufacturing_overhead