Question

A functional classification of costs
would classify "depreciation on office
equipment” as a
O Product cost
O Selling expense
O Variable cost
O Administrative expense​

Answer 1

Answer:

product cost

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Answer 2

ADMINISTRATIVE EXPENSES

A functional classification of costs would classify "depreciation on office equipement " as a administrative expense.

GETTING TO KNOW MORE ABOUT ADMINISTRATIVE EXPENSES:

* Administrative costs are charges incurred via way of means of a agency that are not at once associated with a essential hobby like manufacturing, manufacturing, or sales. These charges are incurred via way of means of the agency as a whole, in place of via way of means of particular departments or commercial enterprise divisions.

* Salaries for senior control and fees for fashionable offerings or supplies, inclusive of legal, accounting, clerical work, and facts technology, are examples of administrative costs.  These charges are often eliminated from gross margins due to the fact that they're now no longer at once tied to the manufacturing of products or offerings via way of means of a agency.

* Because they're incurred as a part of the inspiration of company operations, sure administrative prices are constant in nature. These charges could be incurred irrespective of the quantity of output or sales.