Costs can be classified into one of four categories including unit-level, batch-level, product-level, or facility-level costs. Required

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Costs can be classified into one of four categories including unit-level, batch-level, product-level, or facility-level costs.

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Classify each of the items listed below into one of the four categories listed above. The first item has been categorized as an example.

Cost Description Cost Classification Facility-level cost Salary of company president Research and development cost Facto

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Fundamental Managerial Accounting Concepts

ISBN: 978-0078110894

6th Edition

Authors: Edmonds, Tsay, olds

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Question Posted: Dec 07, 2011 03:58 AM

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Costs can be classified into one of four categories including unit-level, batch-level, product-level, or facility-level costs. Required

Question:

Cost Description Cost Classification Facility-level cost Salary of company president Research and development cost Factory lawn care cost Cost of patent Startup cost to change color of a product Cost of resetting sewing machines to change shirt size Real estate tax for the factory Direct labor

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Fundamental Managerial Accounting Concepts

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