Active Feet,a Small Manufacturer of Shoes,hired an Additional Vice-President and Purchased

Multiple Choice

Active Feet,a small manufacturer of shoes,hired an additional vice-president and purchased a barrel of synthetic rubber used to make shoe soles.These two expenses should be considered a(n) ____ and a(n) ____,respectively.

A) selling cost/cost of goods sold
B) overhead cost/cost of goods sold
C) selling cost/overhead cost
D) overhead cost/selling cost