Tag Archives for " Product costs "

Income Statements for Merchandising Companies and Cost of Goods Sold

Merchandising companies sell products but do not make them. Therefore, these companies will have cost of goods sold but the calculation is much easier than for a manufacturing company. Expenses for a merchandising

Learn More

Product and Period Costs

Most companies use products as the main basis for their cost objects. Looking at the cost of products is extremely important to pricing of those products. As we classify costs, one of the most useful classifications

Learn More
>

Eliminate up to 80% of the reading required in your classes, while actually doing better on your exams!