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Which of the following statements a) , b) or c) is false?
Administrative Expense
Costs related to the general operation and administration of a business, including salaries of executive personnel, office supplies, and utilities.
Direct Labor Cost
The total cost of wages paid to labor directly involved in the production of goods or services.
Manufacturing Overhead Cost
Expenses related to manufacturing that are not directly tied to a specific product, such as factory rent and utilities.
Selling Expense
Costs incurred to secure customer orders and deliver the finished product to the customer, including advertising and sales staff salaries.
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