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Consider the following cost items 1 Marketing costs at Geico 2 End of year production in process at Intel microchip factory 3 Employee salaries at
Consider the following cost items 1 Marketing costs at Geico 2 End of year production in process at Intel microchip factory 3 Employee salaries at Microsoft. 4 The cost of products sold to distributors of television manufacturer Vizio electronics 5 Costs incurred during the period to insure a Michelin tire plant against fire and flood losses 6 Officer compensation costs at General Electric 7 Depreciation for the current fiscal year for a Southwest Airline jet. 8 The cost of printer ink and paper used during the period by Hallmark cards 9 Year-end completed products of Apple l-phones 10 Assembly-line wage cost incurred at a Harley Davidson factory 11 The cost of products sold to customers at a Best Buy store Required 1 Evaluate the costs just cited, and determine whether the associated dollar amounts would be found on the firm's balance sheet, income statement, or schedule of cost-of-goods-manufactured (Note: In some cases, more than one answer will apply.) for retailers, wholesalers, and manufacturers? Briefly discuss those of retailers, wholesalers, and manufacturers 2 What major asset will normally be insignificant for service enterprises and relatively substantial 3 Briefly explain the major differences between income statements of service enterprises versus
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