Question: Brief Exercise 8-2 Indicate whether the following would be considered inventory for a public company like Ford Motor Corporation. If so, indicate the inventory

Brief Exercise 8-2 Indicate whether the following would be considered inventory for

Brief Exercise 8-2 Indicate whether the following would be considered inventory for a public company like Ford Motor Corporation. If so, indicate 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? The response would under ASPE. > >

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