Question: BE 8 . 2 ( LO 1 , 1 1 ) Show whether the following would be considered inventory for a public company like Ford

BE8.2(LO 1,11) Show whether the following would be considered inventory for a public company like Ford Motor Corporation. If so, show the inventory category to which that item would belong. a. Engines purchased to make the Ford F-150 b. Nuts and bolts purchased to attach the engine to the car body c. Spare parts purchased for the manufacturing equipment d. Standby equipment in case a machine breaks down e. Wages paid to assembly-line employees f. Rent for a manufacturing facility g. Wages paid to a supervisor h. Ford F-150 ready to be shipped to the dealer i. Manufacturing plant How would your responses change if the manufacturer followed ASPE?

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