Chat with us, powered by LiveChat Identifying product versus general, selling, and a - BonPapers

Identifying product versus general, selling, and a

Identifying product versus general, selling, and administrative costsA review of the accounting records of Feldman Manufacturing indicated that the company incurred the following payroll costs during the month of August.1. Salary of the company president $100,000.2. Salary of the vice president of manufacturing $40,000.3. Salary of the chief financial officer $40,000.4. Salary of the vice president of marketing $25,000.5. Salaries of middle managers (department heads, production supervisors) in manufacturing plant $120,000.6. Wages of production workers $3,940,000.7. Salaries of administrative secretaries $81,000.8. Salaries of engineers and other personnel responsible for maintaining production equipment $125,000.9. Commissions paid to sales staff $126,000.Requireda. What amount of payroll cost would be classified as general, selling, and administrative expense?b. Assuming that Feldman made 5,000 units of product and sold 4,000 of them during the month of August, determine the amount of payroll cost that would be included in cost of goods sold.

Order an Excellent Paper with Writing Service

Bonpaper is a Custom Research Paper Writing service based in USA that is Available 24/7 to cater your needs. We have huge experience of writing essays about every possible topic. We have access to the online libraries, peer-journals, and news sites which makes it possible to gather enough data about the topic. 

We provide the plagiarism-free and grammatically perfect essay writing service to our clients. We have written hundreds of essays so far and our clients have gained excellent results as well.

Need Assignment Help?