ercise 10-6A (Algo) Identifying product versus SG&A costs LO 10-2, 10-3 review of the accounting records of Rooney Manufacturing indicated that the company incurred the follow e month of March. Assume the company's financial statements are prepared in accordance with GAAP. Salary of the company president532.400. 2. Salary of the vice president of manufacturing$16.900. 3. Salary of the chief financial officer-$19,300. 4. Salary of the vice president of marketing-516,500 5. Salaries of middle managers (department heads, production supervisors) in manufacturing plant_$197.000 6. Wages of production workers--$938.000 7. Salaries of administrative secretaries-$108,000. 8. Salaries of engineers and other personnel responsible for maintaining production equipment-$169,000, 9. Commissions paid to sales staff-$256,000. Required a. What amount of payroll cost would be classified as SG&A expense? b. Assuming that Rooney made 3.900 units of product and sold 3,120 of them during the month of March, dete payroll cost that would be included in cost of goods sold. (Do not round intermediate calculations.) Answer is complete but not entirely correct. 5 432 200 Payroll cost to be included in SGSA cost Payroll cost to be included in cont of goods sold $ 339 b