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1. Match the following categories with the descriptions provided below: ( 12 PTS) A. Included in Sales B. Included in Cost of goods sold (COGS)

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1. Match the following categories with the descriptions provided below: ( 12 PTS) A. Included in Sales B. Included in Cost of goods sold (COGS) C. Included in Selling expenses D. Included in Admin expenses E. Included in line items below EBIT (Earnings before Interest and Taxes) F. Is not reported on the income statement 1 Depreciation of equipment used in the manufacturing process 2 Salaries of sales executives 3 Maintenance of delivery trucks 4 Compensation for Finance director 5 Electricity consumed in warehouses in distribution centers 6 Rent paid for land where the production plant is located 7 Revenues from products sold 8 Marketing expenses 9 Interest expense 10Accumulated depreciation of building used for Head quarters 11Income Tax 12Accounts receivables from Sales of core products

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