Consider the following costs:

Requirement
1. For each of the costs, indicate if the cost would be found on the income statement of a service company (Serv), a merchandising company (Merch), and/or a manufacturing company (Manuf). Some costs can be found on the income statements of more than one type ofcompany.

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Type of cost: Advertising costs Type of company that reports this cost on its income statment Manuf Merch Serv 1. Cost of goods manufactured 2. The CEO's salary 3. Cost of goods sold 4. Building rent expense 5. Customer scrvice expensc