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Identify overhead and selling & administrative costs. coru ncadPposite the CoS PROBLEM 2-15 Cost Classification [LO6, LO7] Various costs associated with the operation of factories
Identify overhead and selling & administrative costs. coru ncadPposite the CoS PROBLEM 2-15 Cost Classification [LO6, LO7] Various costs associated with the operation of factories are given below: 1. Electricity to run production equipment. 2. Rent on a factory building. 3. Cloth used to make drapes. 4. Production superintendent's salary. 4. Production superintendent's salary 5. Wages of laborers assembling a product. 6. Depreciation of air purification equipment used to make furniture. 7. Janitorial salaries. 8. Peaches used in canning fruit. 9. Lubricants for production equipment. 10. Sugar used in soft-drink production. 11. Property taxes on the factory 12. Wages of workers painting a product. 13. Depreciation on cafeteria equipment. 14. Insurance on a building used in producing helicopters 15. Cost of rotor blades used in producing helicopters. Required
Identify overhead and selling & administrative costs.
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