Cost classifications College Carriers manufactures backpacks that are sold to students for use as book bags.Required: Identify a specific item in this company’s manufacturing, selling, or administrative processes for which the cost would be classified asa. Raw material.b. Direct labor.c. Variable manufacturing overhead.d. Fixed manufacturing overhead.e. Fixed administrative expense. f. Fixed indirect selling expense.g. Variable direct selling expense.

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.