What types of expenses are likely included in the total manufacturing overhead cost of $32,450 incurred for the first three months of operation? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)     Selling expenseunchecked Administrative expenseunchecked Ending work in process inventoryunchecked Rent for the production facilityunchecked Depreciation on the production equipmentchecked Insurance on the production equipmentchecked Indirect materials used in producing recordschecked Indirect labour related to the CEO's supervision of the production process (20% of her time).

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Inventory Accounting

Inventory accounting is that branch of accounting that helps in determining the specific value of assets at different stages of production and development.