What expense category is protein powder?
There is no definitive answer to this question, as the correct expense category for protein powder will vary depending on the business and the specific circumstances. However, some common expense categories for protein powder include:
Food and Beverage
Protein powder is often classified as a food or beverage item, as it is typically consumed as part of a meal or snack. This is especially common for businesses that sell protein powder as a dietary supplement or health food product.
Another common expense category for protein powder is raw materials. This is because protein powder is typically made from raw ingredients such as milk, eggs, and soybeans. Businesses that manufacture protein powder may classify it as a raw material expense.
Shipping and Handling
Protein powder is also often classified as a shipping and handling expense. This is because protein powder is a perishable product that needs to be shipped and stored properly to maintain its quality. Shipping and handling costs are typically incurred when businesses purchase protein powder in bulk quantities.
There are a variety of other expense categories that protein powder can fall into, depending on the business and the circumstances. Some other possible expense categories for protein powder include advertising, marketing, and research and development.
Ultimately, the correct expense category for protein powder will vary depending on the specific business and circumstances. However, some common expense categories for protein powder include food and beverage, raw materials, shipping and handling, and other.