Nonmanufacturing Costs: Difference between revisions
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{{Learning concept | {{Learning concept | ||
|Description=Non-manufacturing costs are often divided into two categories: selling costs and administrative costs | |Description=Non-manufacturing costs are often divided into two categories: selling costs and administrative costs | ||
Selling Costs include all costs that are incurred to secure customer orders and get the finished product to the customer. | |||
Administrative costs include all costs associated with the general management of an organization rather than with manufacturing or selling. | |||
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Revision as of 19:14, 22 May 2014
Description
Non-manufacturing costs are often divided into two categories: selling costs and administrative costs
Selling Costs include all costs that are incurred to secure customer orders and get the finished product to the customer.
Administrative costs include all costs associated with the general management of an organization rather than with manufacturing or selling.
Concept Prerequisite
Wikipedia Reference
Learning Material
Covered in Topic(s)
| Cost Terms Concepts and Classification |