Areview of the accounting records of vernon 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.

(a) salary of the company president—$31,600.
(b) salary of the vice president of manufacturing—$15,400.
(c) salary of the chief financial officer—$19,400.
(d) salary of the vice president of marketing—$16,100.
(e) salaries of middle managers (department heads, production supervisors) in manufacturing plant—$192,000.
(f) wages of production workers—$943,000.
(g) salaries of administrative secretaries—$107,000.
(h) salaries of engineers and other personnel responsible for maintaining production equipment—$168,000.
(i) commissions paid to sales staff—$243,000.

what amount of payroll cost would be classified as sg& a expense? assuming that vernon made 4,900 units of product and sold 3,920 of them during the month of march, determine the amount of payroll cost that would be included in cost of goods sold. (do not round intermediate calculations.)

The gilbert instrument corporation is considering replacing the wood steamer it currently uses to shape guitar sides. the steamer has 6 years of remaining life. if kept,the steamer will have depreciaiton expenses of $650 for five years and $325 for the sixthyear. its current book value is $3,575, and it can be sold on an internet auction site for$4,150 at this time. if the old steamer is not replaced, it can be sold for $800 at the endof its useful life. gilbert is considering purchasing the side steamer 3000, a higher-end steamer, whichcosts $12,000 and has an estimated useful life of 6 years with an estimated salvage value of$1,500. this steamer falls into the macrs 5-year class, so the applicable depreciationrates are 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76%. the new steamer is fasterand allows for an output expansion, so sales would rise by $2,000 per year; the newmachine's much greater efficiency would reduce operating expenses by $1,900 per year.to support the greater sales, the new machine would require that inventories increase by$2,900, but accounts payable would simultaneously increase by $700. gilbert's marginalfederal-plus-state tax rate is 40%, and its wacc is 15%.a. should it replace the old steamer? b. npv of replace = $2,083.51