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 soldb. overhead cost/cost of goods soldc. selling cost/overhead costd. overhead cost/selling cost

B) overhead cost/cost of goods sold

Explanation:

Overhead costs: all expenses not directly attributed to the production of a good or service (e.g. insurance, legal fees, administrative expenses, etc.)

Costs of goods sold: all costs directly attributed to the production of a good or service (e.g. direct labor, direct materials)

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