The following cost data for the month of May were taken from the records of the Terrence Mainufacturing Company: How would the $500 depreciation on the sales office be classitied? As a period experise (selling, general and administrative expense.) Selling expenses are product costs sirice you can' sell the procuct without thent. It's a manufacturing overhead cost. This should be short-term asset on the balance sheet. The following cost data for the month of May were taken from the records of the Terrence Manufacturin Company Based upon this information, the Selling, General, and Admin (SG\&A) expensef for the month was: $17,500 $20,500 $19.500 $2.000