period cost:
"A cost related to the passage of time rather than product volumes, which may include depreciation, rent, property taxes or insurance. "

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Definitions of terms related to period cost:

• Acquisition cost
• Actual cost
• cost of goods sold (COGS)
• p chart
• part period balancing (PPB)
• parts per million (PPM)
• Planned cost
• process costing
• Product costing
• product costs
• project costing
• Setup costs
• Standard cost
• Stockout costs
• Storage costs