Answer to Question #263785 in Marketing for Rekardo

Question #263785

Match the following categories with the descriptions provided below: ( 12 PTS)

A. Included in Sales

B. Included in Cost of goods sold (COGS)

C. Included in Selling expenses

D. Included in Admin expenses

E. Included in line items below EBIT (Earnings before Interest and Taxes)

F. Is not reported on the income statement

_____ 1 Depreciation of equipment used in the manufacturing process

__D___ 2 Salaries of sales executives

_____ 3 Maintenance of delivery trucks

__D__ 4 Compensation for Finance director

__C__ 5 Electricity consumed in warehouses in distribution centers

__D__ 6 Rent paid for land where the production plant is located

_B___ 7 Revenues from products sold

_____ 8 Marketing expenses

_____ 9 Interest expense

_____10Accumulated depreciation of building used for Head quarters

___E_11Income Tax

_____12Accounts receivables from Sales of core products

Expert's answer

1. Included in the cost of goods sold

2. Included in the administration expenses

3. Included in the cost of goods sold

4. Included in the administration expenses

5. Cost of goods sold

6. Admin expenses

7. Revenue

8. Selling expenses

9. Selling.expenses

10. Admin expenses

11. Cost of goods sold

12. Sales

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