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Please classify the following accounts into COGS, SG&A or asset. Please verify your answer before posting it. Question based on modified problems 3.5 from the

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Please classify the following accounts into COGS, SG&A or asset.
Please verify your answer before posting it.
Question based on modified problems 3.5 from the reference text [Flynn (2009); from page 79880 of the textbook: Imaging you are the manager of a small distribution company A and you are considering to buy a medium-sized distribution company, Distco, to expand your business. Some basic information of Distco: the COGS and SG&A determinations have changed every year in the past. They have three warehouses with two permanent staffs per warehouse (One to take orders and arrange shipping and one to package up orders). Temporary staff might be needed for busy times. In addition, the head office has a president, a receptionist, two bookkeepers and a two-person sales team. Please answer the questions below: Please classify the following accounts into COGS, SG&A or asset. Warehouse staff salaries. The account to go into is Annual Christmas party: The account to go into is Temporary staff salaries: The account to go into is Purchase cost of chemicals and supplies: The account to go into is Shipping costs from supplier to warehouse, based on order: The account to go into is Shipping costs from warehouse to customer, based on order: The account to go into is Phone service charges: The account to go into is Travel for sales staff: The account to go into is Head office staff salaries: The account to go into is Cost of benefits for permanent staff: The account to go into is Storage racks: The account to go into is Utility bills: The account to go into is New computer hardware and software to support integrated order, inventory, sale and invoice system: The account to go into is Membership in Chamber of Commerce: The account to go into is Warehouse and office rental charges. The account to go into is Snow removal and grounds upkeep costs: The account to go into is

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