Period costs are charged to __________.

Cost of production

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Profit and loss account of that period

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Solution

The correct option is C Profit and loss account of that period
Period cost means all other cost which are not related to the cost of production. It is generally charged to the profit and loss account of that period.

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Period costs are charged to __________.

The correct option is C Profit and loss account of that periodPeriod cost means all other cost which are not related to the cost of production. It is generally charged to the profit and loss account of that period.

The correct option is C Profit and loss account of that period
Period cost means all other cost which are not related to the cost of production. It is generally charged to the profit and loss account of that period.