period costs

period costs

FIXED COSTS that are completely written off in the calculation of profit in the accounting period to which they relate and are not carried forward to subsequent accounting periods by being included in the valuation of unsold stock.

See MARGINAL COSTING, CONTRIBUTION and BREAKEVEN ANALYSIS.

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"In addition, BCA earnings were also reduced by period costs associated with the MCAS software update and development of related training materials.
Despite the anticipated increase in volume, the company expects period costs, excluding short-term incentive compensation expense, to be in line with the prior outlook.
LCOE measures the operating period costs divided by the energy produced, said a statement from the company.
Often, business owners focus on their current period costs and revenue and forget to factor in expected cash flow from future loyal gun enthusiasts.
"A 10-day package during this period costs a minimum of SR18,000," he said.
These are commonly known as "period costs." The importance of cost behavior to profitability management reporting was recognized by the group in relation to contribution margin reporting and to assignment to service lines and to divisions.
A PS15,000 loan over the same period costs PS285.58 per month, total PS17,134.80.
On Coventry City Council's website, it states the cost to place an inscription on a memorial seat for a leased period costs pounds 1,048, pounds 1,525 or pounds 2,050 for periods of 10, 15 or 20 years respectively.
According to Chief Financial Officer Peg Lamb of the $410 million Marine Credit Union, La Crosse, Wis., accounting has become completely different as "most merger costs can't be capitalized and instead it's required that all acquisition costs-with the exception of capital issuance costs-must be recognized as expense or period costs when incurred, usually after the merger."
In the prior year three-month period costs came in at USD6.3m.
While management attributes second half pressure to higher expected R&D and period costs associated with productivity improvements and 787 fleet supports, the analyst sees quite a bit of contingency for any potential late development issues on 787 and 747-8.
THE DEAL: A seven-night holiday taken throughout the World Cup period costs pounds 452 with Coastal Cottages.