What expense category does packaging come under?
There is no definitive answer to this question, as it will depend on the specific business and how they account for their expenses. However, some possible expense categories that packaging could come under include:
Materials
If the packaging is considered a material, it would likely fall under the 'Materials' expense category. This would be the case if the packaging is something that is used up or consumed in the production of the product, and is not considered a separate item in itself.
Production
Another possibility is that the packaging could be considered part of the 'Production' expense category. This would be the case if the packaging is considered a necessary part of the product, and is not something that can be separated from it.
Shipping
Another possibility is that the packaging could be considered part of the 'Shipping' expense category. This would be the case if the packaging is necessary for shipping the product, and is not something that can be separated from it.
Marketing
Another possibility is that the packaging could be considered part of the 'Marketing' expense category. This would be the case if the packaging is considered a necessary part of the product's marketing, and is not something that can be separated from it.
Other
There are many other possible expense categories that packaging could come under, depending on the specific business and how they deduct business expenses. However, these are some of the most common possibilities.
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