A company is developing its annual budget. The companys products are made to order and...

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Accounting

A company is developing its annual budget. The companys products are made to order and shipped immediately. The controller has information on the following accounts:
Raw materials
Direct labor
Advertising
Research and development (R&D)
Trade discounts
Factory indirect labor
Factory overhead
Selling costs
Which of the above accounts should not be included in the cost of goods sold budget?

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