ECONOMICS

Detailed explanation-1: -Nonmanufacturing costs consist of selling expenses, including marketing and commission expenses and sales salaries and administration expenses, such as office salaries, depreciation and supplies.

Detailed explanation-2: -Overhead or sales, general, and administrative (SG&A) costs are considered period costs. SG&A includes costs of the corporate office, selling, marketing, and the overall administration of company business. Period costs are not assigned to one particular product or the cost of inventory like product costs.

Detailed explanation-3: -Manufacturing costs are also known as product costs.

Detailed explanation-4: -ˌma-nə-, -ˈfak-shriŋ : not of or relating to the process of making wares by hand or by machinery : not of or relating to manufacturing. nonmanufacturing industries/jobs.