The steps to take to calibrate a digital thermometer are very similar to those described above for a dial type thermometer. The exception is that the digital thermometer may have a reset button that has to be pushed to recalibrate the setting.
Top 10 facts about the world. Payroll costs are expenses that are associated with the preparation and distribution of a payroll as part of the compensation to employees for their services. There are several key elements that are classified as costs of payroll in addition to the actual amount of net pay that is forwarded to the employee.
Since a period cost is essentially always charged to expense at once, it may more appropriately be called a period expense. A period cost is charged to expense in the period incurred. This type of cost is not included within the cost of goods sold on the income statement. Instead, it is typically included within the selling and administrative expenses section of the income statement. Examples of period costs are: 1  Selling expenses.