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2 PR. 1-1.B Classifying Costs and sale of lawn mowers. Classify each of the costs...

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Accounting

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2 PR. 1-1.B Classifying Costs and sale of lawn mowers. Classify each of the costs as elither a product cost or a peniod cost. Indicate whether each product cost is a direct materals cost, a direct iabor cost, or a factory overhead cost. Indicate whether each period cost is a selling expense or an administrative expense. Costs Classification a. Premiums on insurance policy for factory buildings c. Filter for spray gun used to paint the lawn mowers e. Plastic for outside housing of lawn mowers f. Salary of factory supervisor g. Hourly wages of operators of robotic machinery used in production h. Engine oil used in mower engines prior to shipment i. Salary of vice president of marketing . Property taxes on the factory building and equipment k. Cost of advertising in national magazine 12/12/2017, 2:37F

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