Classification of Costs Using the Code Letters Below,indicate in the Space Provided How

question 28

Essay

Classification of costs
Using the code letters below,indicate in the space provided how each of the following costs should be classified in the indicated manufacturing company: Costs
____ (a)Research and development costs incurred by Martin,manufacturer of derailleurs,brakes,and other component parts for bicycles in its efforts to develop new products.
____ (b)Salaries paid by Martin to the plant managers supervising production operations.
____ (c)An inventory of Martin Group 105 components purchased by Earl Bicycle Corporation for use in the manufacture of Earl's Model 1200 aluminum bicycle.
____ (d)An inventory of Model 1200 bicycle frames manufactured by Earl.Prior to sale,these frames will be painted and equipped with derailleurs,brakes,and other component parts.
____ (e)Salaries paid by Earl to its sales personnel.
____ (f)Salaries paid by Earl to employees who install derailleurs,brakes,and other component parts on the bicycle frames.
____ (g)An inventory of Martin Group 105 derailleurs awaiting sale to customers.

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Definitions:

Incidence of Poverty

The proportion or rate of individuals or households whose income falls below the poverty line, indicating their inability to afford basic needs.

White (Non-Hispanic) People

A demographic group identified by the U.S. Census Bureau referring to individuals who self-identify as white and not of Hispanic or Latino origin.

Women

Female humans, often referred to in contexts concerning social, cultural, and economic issues specific to their gender.

Children Under 18

Individuals who are younger than 18 years old, considered minors in most jurisdictions.