Exercise 3 For each of the following, indicate whether the cost would typically be considered direct or indirect cost for the cost object given. Direct Indirect The direct labor factory costs for the manufacturing division. The factory supervisor's salary for the products produced. The factory supervisor's salary for the manufacturing division. The manufacturing overhead costs for the products produced. The manufacturing overhead costs for the manufacturing division. Exercise 4 The following information has been provided by the Fasan Florist, Inc. for the first quarter of the year: $ 640,000 220,000 100,000 1,400,000 60,000 140,000 Variable cost of goods sold Fixed administrative expenses Fixed selling expenses Sales Variable administrative expenses Variable selling expense What was the company's contribution margin for the first quarter? b. What was the company's gross margin for the first quarter? a