5 points A review of the accounting records of John Inc indicated that the company incurred the
following payroll costs during the month of March. 1. Salary of the company president 2. Salary
of the vice president of manufacturing 3. Salary of the chief financial officer 4. Salary of the vice
president of marketing 5. Salaries of middle managers (department heads, production
supervisors) in manufacturing plant 6. Wages of production workers 7. Salaries of administrative
secretaries 8. Salaries of engineers and other personnel responsible for maintaining
manufacturing equipment 9. Commissions paid to sales staff REQUIRED 1. What amount of
payroll cost would be classified as general, selling, and administrative expense?
\begin{tabular}{|l|r|l|l|} \hline 2. Assuming that John Inc made & 31,500 & units of product in
the month \\ \hline Assuming that John Inc sold only & 28,350 & units of product made in the
month \\ \hline \end{tabular} of March, determine the amount of payroll cost that would be
included in cost of goods sold. Also, assume there was no beginning inventory at the beginning
of March..
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5 points A review of the accounting records of John Inc indicated that.pdf
1. 5 points A review of the accounting records of John Inc indicated that the company incurred the
following payroll costs during the month of March. 1. Salary of the company president 2. Salary
of the vice president of manufacturing 3. Salary of the chief financial officer 4. Salary of the vice
president of marketing 5. Salaries of middle managers (department heads, production
supervisors) in manufacturing plant 6. Wages of production workers 7. Salaries of administrative
secretaries 8. Salaries of engineers and other personnel responsible for maintaining
manufacturing equipment 9. Commissions paid to sales staff REQUIRED 1. What amount of
payroll cost would be classified as general, selling, and administrative expense?
begin{tabular}{|l|r|l|l|} hline 2. Assuming that John Inc made & 31,500 & units of product in
the month hline Assuming that John Inc sold only & 28,350 & units of product made in the
month hline end{tabular} of March, determine the amount of payroll cost that would be
included in cost of goods sold. Also, assume there was no beginning inventory at the beginning
of March.
