Which of the following may NOT be classified as a period cost?
A. Depreciation
B. Consumables
C. Vehicle Insurance
D. Rent
E. Administrative Salaries

B. Consumables
Explanation: Period costs are expenses that are not directly tied to production and are expensed in the period they are incurred, such as administrative costs, rent, and insurance. Consumables, however, are often classified as product costs when they are directly involved in production. Therefore, “B” is the correct answer because consumables can be classified as product costs, not period costs.