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I want to ask the distribution expenses is blong to overhead or selling expense? QUESTION 1 (11 marks) Olympia Company, a manufacturing firm, has supplied

I want to ask the distribution expenses is blong to overhead or selling expense?
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QUESTION 1 (11 marks) Olympia Company, a manufacturing firm, has supplied the following information from its accounting records for the month of December 2020: Beginning raw materials inventory Ending raw materials inventory V Beginning work in process inventory V Ending work in process inventory V Beginning finished goods inventory V Ending finished goods inventory v Purchases of raw materials V Wages of assembly line workers DL Indirect materials Indirect labour } Property tax (apportioned equally OH & Admin between factory and administrative) Factory supplies OH Utilities (apportioned 70% to factory oH & Admin and 30% to administrative) Distribution expenses OH Administrative expenses Admin Sales revenue $ 3,000 7,200 4,200 3,000 2,250 3,750 25,000 23,000 5,000 8,700 6,600 YOH (1.400 OH &Admin 7,800 9,600 4,600 120,000 Required: (a) A Statement of cost of goods manufactured for December 2020, showing clearl details of the costs. (6 m 12

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