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UN TUUUUJICIP70204%2F8 1-3 Exercise 1-6B Product versus SG&A costs In reviewing Larson Company's September accounting records, Andy Miranda, the chief accountant, noted the following depreciation

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UN TUUUUJICIP70204%2F8 1-3 Exercise 1-6B Product versus SG&A costs In reviewing Larson Company's September accounting records, Andy Miranda, the chief accountant, noted the following depreciation costs. Assume product costs are defined by GAAP. 1. Factory buildings_$75,000. 2. Computers used in manufacturing$12,000. 3. A building used to display finished products-$24,000. 4. Trucks used to deliver merchandise to customers $18.000. 5. Forklifts used in the factory-$30,000. 6. Furniture used in the president's office $15,000. 7. Elevators in administrative buildings $20,000. 8. Factory machinery-$36.000 Required a. What amount of depreciation cost would be classified as selling, general, and administrative expense? b. Assume that Larson manufactured 3.000 units of product and sold 2.000 units of product during the month of September. Determine the amount of depreciation cost that would be included in cost of goods sold

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