Question: Indicate whether the following would be considered inventory for a public company like Ford Motor Corporation . If so, indicate the inventory category to which

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 (1) Rent for a manufacturing facility (g) Wages paid to a supervisor (h) Ford F-150 ready to be shipped to the dealer (0) Manufacturing plant How would your responses change if the manufacturer followed ASPE? The response would under ASPE

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