Selling expenses can include: Distribution costs such as logistics, shipping and insurance costs. Marketing costs such as advertising, website maintenance and spending on social media. Selling costs such as wages, commissions and out-of-pocket expenses.
Which account is not classified as selling expense?
Answer and Explanation: The correct option is (c.) Cost of Goods Sold. The cost of goods sold is the total production of the cost of goods sold during the period.
Which of the following is a selling expense quizlet?
Examples of selling costs include sales commissions, advertising, shipping, and the costs of operating finished goods warehouses.
Is rent expense a selling expense?
Under accounting guidelines, rent expense belongs to the "selling, general and administrative accounts" category.
Is depreciation a selling expense?
Depending on the asset being depreciated, depreciation expenses may be classified as a general, administrative, or selling (marketing) expense. Organizations may choose to include consulting and legal fees as an administrative expense as well.