For each of the following, select its usual cost classification in an absorption costing system. Miscellaneous factory
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For each of the following, select its usual cost classification in an absorption costing system.
Miscellaneous factory supplies oils ?lubricants, etc. Shipping costs freight out Factory equipment maintenance and repairs Factory utility costs Sales salaries Variable manufacturing overhead cost product cost Rent, property taxes and Fixed manufacturing overhead cost insurance on factory product cost ?building Variable selling and administrative Factory depreciation expense period expense Office equipment Fixed selling and administrative expense period expense ?depreciation expense
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