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Coca-Cola disclosed the following financial data: Production costs: $25,000,000 Warehouse rent: $4,800,000 Sales force salaries: $5,500,000 Market research expenses: $6,400,000 Legal consulting fees: $2,600,000 Office

Coca-Cola disclosed the following financial data:

  • Production costs: $25,000,000
  • Warehouse rent: $4,800,000
  • Sales force salaries: $5,500,000
  • Market research expenses: $6,400,000
  • Legal consulting fees: $2,600,000
  • Office rent: $6,700,000
  • Travel expenses: $2,100,000
  • Insurance premiums: $3,300,000

Requirements:

  • Identify the production expenses.
  • Determine the amount classified as selling expenses.
  • Calculate the total administrative expenses.

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