Nonmanufacturing Costs
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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 |