00:01
So inventory costs are costs associated with the sort of food or services that are typically included in the cost of inventory units.
00:18
The costs are shown.
00:23
So period costs on the other hand are the costs that are expensed immediately and are not included in the cost of inventory.
00:31
So we'll classify each of the costs i think.
00:35
First, bring water purchased by service for sale to each customer.
00:40
So the classification of the inventory inventory cost.
00:51
The cost is associated with the inventory of products that service intended to sell to customer.
00:58
It became part of the cost of food sold when the water is sold to the customer.
01:02
The second is electric use to provide electricity for assembly line work at toyota truck assembly plant.
01:12
This is also inventory cost.
01:23
The cost is incurred during the manufacturing process.
01:27
Assembly of truck and is part of the cost of product.
01:30
Producing the truck it is considered an inventory cost.
01:37
Third is depreciation on computer equipment at google.
01:41
If to update director of website.
01:44
This is period cost.
01:50
This cost is associated with maintaining and updating the website directories which is not directly tied to the product food or services for sale.
01:59
It is expensed as a period cost.
02:04
For electricity used to provide lightning for the v store...