Period cost - period cost

Japanese: 期間原価 - きかんげんか

...(4) The total cost is calculated by adding the manufacturing cost of the product to the selling and administrative expenses, and the selling price of the product is calculated by adding the profit to the total cost. (5) In order to calculate the profit and loss for the period for external reporting, costs are classified into the cost that is aggregated to the product (product cost) and the cost that corresponds directly to the revenue for the period (period cost). Manufacturing costs are aggregated to the product as product cost, and are recorded on the balance sheet as inventory until the product is sold, and when it is sold, the product cost is recorded as an expense on the profit and loss statement as cost of sales. ...

From [Cost calculation]

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[Full costing/Direct costing]
Traditional cost accounting is called full cost accounting because all manufacturing costs are aggregated to the product. Selling expenses and general administrative expenses are treated as period costs. In contrast, direct cost accounting (also called variable cost accounting), which developed rapidly after World War II, divides costs into variable and fixed costs (see the Fixed and Variable Costs section), aggregates only variable manufacturing costs to the product, and treats fixed costs as period costs.

*Some of the terminology that refers to "period cost" is listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

Japanese:

…(4)製品の製造原価に販売費と一般管理費を加えれば総原価が計算され，総原価に利益を加えれば製品の販売価格となる。(5)外部報告用の期間損益計算のためには，原価を製品に集計する原価(製品原価)と期間収益に直接対応させる原価(期間原価)とに分類する。製造原価は製品原価として製品に集計され，その製品が売られるまでは棚卸資産として貸借対照表に計上され，売られると，その製品原価は売上原価として損益計算書に費用計上される。…

【原価計算】より

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［全部原価計算･直接原価計算］
　伝統的な原価計算は，製造原価の全部を製品に集計するので全部原価計算という。販売費と一般管理費は期間原価として処理される。これに対し，第2次大戦後，急速に発展した直接原価計算(変動原価計算ともいわれる)では，原価を変動費と固定費に分け(〈固定費用･可変費用〉の項参照)，変動製造原価だけを製品に集計し，固定費は期間原価として処理する。…

※「期間原価」について言及している用語解説の一部を掲載しています。

出典｜株式会社平凡社世界大百科事典第２版について | 情報

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