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Problem 1-23 Cost Classification [LO1-1, LO1-3, LO1-4] Listed below are costs found in various organizations Required: For each cost item, indicate whether it would be

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Problem 1-23 Cost Classification [LO1-1, LO1-3, LO1-4] Listed below are costs found in various organizations Required: For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold; and then whether it would be a selling cost, an administrative cost, or a manufacturing cost. If it is a manufacturing cost, indicate whether it is a direct cost or an indirect cost with respect to units of product. Cost istrative Indirect Direct Cost Item Yes Yes Executive Fixed Yes used for packaging d

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