1.23 in a goolge sheet or excel doc if possible

7. What is the 2. W a b 3. 1 4 S PROBLEM 1-23 Cost Classification LO1-1, LO1-3, LO1-4 Listed below are costs found in various organizations. 1. Property taxes, factory. 2. Boxes used for packaging detergent produced by the company 3. Salespersons' commissions. 4. Supervisor's salary, factory. 5. Depreciation, executive autos. 6. Wages of workers assembling computers. 7. Insurance, finished goods warehouses. 8. Lubricants for production equipment. 9. Advertising costs. 10. Microchips used in producing calculators. 11. Shipping costs on merchandise sold. 12. Magazine subscriptions, factory lunchroom. 13. Thread in a garment factory. 14. Executive life insurance, 15. Ink used in textbook production. 16. Fringe benefits, materials handling workers. 17. Yarn used in sweater production. 18. Wages of receptionist, executive offices, Required: PRI Mi pri Prepare an answer sheet with column headings as shown below. For cach cost item. Indice whether it would be variable or fixed with respect to the number of units produced and sold, wl then whether it would be a selling cost, an administrative cost, or a manufacturing cost. If it is manufacturing cost, indicate whether it is a direct cost or an indirect cost with respect to units product. Three sample answers are provided for illustration. Manufacturing (Product) Cost Cost Item Variable or Fixed Selling Cost Administrative Cost Direct Indired Direct labor Executive salaries Factory rent V F F