HOME WORK COST ACCOUNTING- COST CLASSIFICATION Required: Read each of the following costs (1-58) items and classify cost as Factory Overhead, Office and Administration Overhead, Selling & Distribution Overhead Cost Items Classification 1. Advertising Expenses 2. Bad debts 3. Bank Charges. 4. Buying and store-keeping expenses 5. Carriage inward on purchased materials 6. Carriage outward 7. Consumable stores and all forms of indirect material (i.e., material that cannot be traced as part of the finished product, such as oils and greases, small tools, cleaning materials, and minor spare parts for repairs) 8. Contribution to social security schemes, educational schemes, and old-age pension contributions 9. Cost of dusters, brushes etc. for cleaning. 10. Cost of oil, grease, spare parts, etc. used in maintaining delivery vans 11. Cost of packing and packages 12. cost of printing and stationery used in marketing 13. Depreciation 14. Depreciation of factory plant and machinery and buildings 15. Depreciation of delivery vans 16. Depreciation of office buildings, equipments etc. 17. Expenses for sales office UTAS-Ibri_Laly_AY2021-22-sem1-BAAC2101 18. Expenses of service departments (e.g., boiler room, electricity supply, water supply, inspections, and tool room) 19. Expenses on branch establishment 20. Expenses related to office operation 21. Factory expenses (e.g., rent, rates, insurance, water, heat, and electricity) 22. Factory lighting | 23. Factory maintenance (e.g., cleaning, servicing, repairs, oiling, and greasing) 24. Factory rent and rates, property tax, and so on 25. Factory transport expenses 26. Fees for directors (e.g., sales director) 27. Godown Expenses 28. Indirect materials and materials of small value 29. Insurance of factory premises, plant, and machinery 30. Legal Charges. 31. Mailing cost of literature, catalogs, price lists, offer letters, etc 32. Normal losses of time and materials 33. Office Insurance, heating, cleaning, etc. 34. Office Rent, Rates and Taxes. 35. Other transport charges 36. Power, oil, and gas expenses 37. Printing and Stationery used in the office. 38. Rent, insurance, etc. of the godown 39. Repair and maintenance expenses 40. Repairs and maintenance of office building, etc. 41. Running cost of delivery vans 42. Salaries and allowances for work manager and supervisory staff