Gina Baccardi is an accounting intern working under the tax accountant for Starlight Fashions, a clothing manufacturer, in New York City. Gina’s salary would be classified as

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10-02-2022
Business

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Gina Baccardi is an accounting intern working under the tax accountant for Starlight Fashions, a clothing manufacturer, in New York City. Gina’s salary would be classified as

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Tundexi Tundexi · Answer 1 · 2022-02-22T12:31:18+01:00

Since he is working as a tax accountant for Starlight Fashions which is a clothing manufacturer, his salary would be classified as period cost..

What is period cost?

In preparation of financial account, a period cost refers to a cost that cannot be capitalized into prepaid expenses, inventory, fixed assets etc

In conclusion, because works as a tax accountant for the clothing manufacturer, his salary would be classified as period cost.