Determine the proper classification of each expense item on the Expense Data tab. (three options can be
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Question:
Determine the proper classification of each expense item on the Expense Data tab. (three options can be found in the column heading) Expense "Classification (COGS, OH, or SGA).
Fill in any missing data.
Expense | Classification (COGS, OH, or SGA) | 2022 Amount | Estimated % of Change in 2023 |
---|---|---|---|
Plant Manager Salary | $125,000 | 3% | |
Direct Labor | $1,249,356 | 5% | |
Finance Salaries | $400,000 | 2% | |
Production Supplies | $274,326 | 10% | |
Office Supplies | $57,923 | 2% | |
Rent - Manufacturing | $300,000 | 3% | |
Equipment Maintenance | $602,379 | 4% | |
Depreciation | $270,359 |
Related Book For
Understanding Financial Statements
ISBN: 978-0133874037
11th edition
Authors: Lyn Fraser, Aileen Ormiston
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