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		select an inventory category

(b)		Nuts and bolts purchased to attach the engine to the car body		select an inventory category
(c)		Spare parts purchased for the manufacturing equipment		select an inventory category
(d)		Standby equipment in case a machine breaks down		select an inventory category
(e)		Wages paid to assembly-line employees		select an inventory category
(f)		Rent for a manufacturing facility		select an inventory category
(g)		Wages paid to a supervisor		select an inventory category
(h)		Ford F-150 ready to be shipped to the dealer		select an inventory category
(i)		Manufacturing plant		select an inventory category

How would your responses change if the manufacturer followed ASPE?

The response would select an option

under ASPE.

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