Cassify these costs according to the various cost terms we used in class Al's Company manufactures furniture, including tables. Selected costs are given below 1.The tables are made of wood that costs $100 per table 2.The tables are assembled by workers, at a wage cost of $40 per table 3.Workers assembling the tables are supervised by a factory supervisor who is paid $38,000 per year 4.Electrical costs are $2 per machine-hour. Four machine-hours are required to produce a table. S.The depreciation on the machines used to make the tables totals $10,000 per year. The machines have no resale value and do not wear out through use 6.The salary of the president of the company is $100,000 per year 7.The company spends $250,000 per year to advertise its products 8.Salespersons are paid a commission of $30 for each table sold. 9. Create your own example Create a table to classify the costs. See the example What makes depreciation special? What is different about depreciation expense versus other expenese? 0. Period Expense If it is a Product Cost Selling or Admin Direct Material Direct Labor Manf OH Explain more tables made more glue needed Variable Fixed Explain your choices Example Glue 1 Wood Cost is too small to track exactly, therefore will include as MC 2 Assembly warkers 3 Factory supervisor 4 Electrical Costs s Depreciation 6 Salary of the President 7 Advertising 8 Sales Commission 9 Your own example type it here 10 What is special about Depreciaiton? Cassify these costs according to the various cost terms we used in class Al's Company manufactures furniture, including tables. Selected costs are given below 1.The tables are made of wood that costs $100 per table 2.The tables are assembled by workers, at a wage cost of $40 per table 3.Workers assembling the tables are supervised by a factory supervisor who is paid $38,000 per year 4.Electrical costs are $2 per machine-hour. Four machine-hours are required to produce a table. S.The depreciation on the machines used to make the tables totals $10,000 per year. The machines have no resale value and do not wear out through use 6.The salary of the president of the company is $100,000 per year 7.The company spends $250,000 per year to advertise its products 8.Salespersons are paid a commission of $30 for each table sold. 9. Create your own example Create a table to classify the costs. See the example What makes depreciation special? What is different about depreciation expense versus other expenese? 0. Period Expense If it is a Product Cost Selling or Admin Direct Material Direct Labor Manf OH Explain more tables made more glue needed Variable Fixed Explain your choices Example Glue 1 Wood Cost is too small to track exactly, therefore will include as MC 2 Assembly warkers 3 Factory supervisor 4 Electrical Costs s Depreciation 6 Salary of the President 7 Advertising 8 Sales Commission 9 Your own example type it here 10 What is special about Depreciaiton