Reference no: EM132918330
Question - Tin Company reported the following:
Sales Commission 45,237
Freight Out 32,629
Doubtful Account 7,192
Office Supplies Expense 34,920
Advertising Expense 7,654
Purchases 40,539
Loss on sale of PPE 3,764
Depreciation of Office Equipment 32,422
Depreciation of factory equipment 3,568
Depreciation of store equipment 18,508
Traveling and marketing expense 21,750
Casualty loss from earthquake 3,961
Factory worker wage 30,247
Store manager salary 3,955
Contributions to charity 36,966
Required -
1. How much is classified as selling expense?
2. How much is classified as administrative expense?