Exercise 1.6A (Algo) Identifying product versus SG\&A costs LO 1-2, 1-3 A review of the accounting records of Perez Manufacturing indicated that the company incurred the following payroll costs during the month of March. Assume the company's financial statements are prepared in accordance with GAAP. 1. Salary of the company president $32,900. 2. Salary of the vice president of manufacturing $17,000 3. Salary of the chief financial officer- $19,100. 4. Salary of the vice president of marketing $15,600 5. Salaties of middle managers (department heads, production supervisors) in manufacturing plant- $193,000. 6. Wages of production workers $945,000. 7. Salaries of administrative persorinel- $112,000 8. Salaries of engineers and other personnel responsible for maintaining production equipment- $169,000 9. Commissions paid to sales staff- $248,000. Required 0. What amount of paytoll cost would be classified as SGEA (selling general, and administrative) expense? b. Assuming that Perez made 4,700 units of product and sold 3,995 of them during the month of Mareh, determine the amount of payroll cost that would be included in cost of goods sold. Note: Do not round intermediete calculotions