Examlex
Which of the following statements is FALSE?
Sales Supplies Used
Pertains to the total cost of sales or promotional materials consumed or utilized during a particular period.
Selling and Administrative Expense
Selling and administrative expense includes costs related to the selling of products and the management of the business, excluding production costs.
Factory Overhead
Costs tied to manufacturing processes, excluding those for direct labor and materials.
Office Utilities
Expenses associated with the essential services used in an office, such as electricity, water, gas, and internet.
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