Using the code letters below, indicate in the space provided how each of the following costs should be classified in the indicated manufacturing company: costs: (a) research and development costs incurred by martin, manufacturer of derailleurs, brakes, and other component parts for bicycles in its efforts to develop new products. (b) salaries paid by martin to the plant managers supervising production operations. (c) an inventory of martin group 105 components purchased by earl bicycle corporation for use in the manufacture of earl's model 1200 aluminum bicycle. (d) an inventory of model 1200 bicycle frames manufactured by earl. prior to sale, these frames will be painted and equipped with derailleurs, brakes, and other component parts. (e) salaries paid by earl to its sales personnel. (f) salaries paid by earl to employees who install derailleurs, brakes, and other component parts on the bicycle frames. (g) an inventory of martin group 105 derailleurs awaiting sale to customers.

Gus needs to purée his soup while it's still in the pot. what is the best tool for him to use? a. potato masher b. immersion blender c. rotary mixer d. whisk

Selected information about income statement accounts for the reed company is presented below (the company's fiscal year ends on december 31): 2018 2017sales $ 4,400,000 $ 3,500,000cost of goods sold 2,860,000 2,000,000administrative expenses 800,000 675,000selling expenses 360,000 312,000interest revenue 150,000 140,000interest expense 200,000 200,000loss on sale of assets of discontinued component 50,000 —on july 1, 2018, the company adopted a plan to discontinue a division that qualifies as a component of an entity as defined by gaap. the assets of the component were sold on september 30, 2018, for $50,000 less than their book value. results of operations for the component (included in the above account balances) were as follows: 1/1/18-9/30/18 2017 sales $ 400,000 $ 500,000 cost of goods sold (290,000 ) (320,000 )administrative expenses (50,000 ) (40,000 )selling expenses (20,000 ) (30,000 )operating income before taxes $ 40,000 $ 110,000 in addition to the account balances above, several events occurred during 2018 that have not yet been reflected in the above accounts: a fire caused $50,000 in uninsured damages to the main office building. the fire was considered to be an infrequent but not unusual event.inventory that had cost $40,000 had become obsolete because a competitor introduced a better product. the inventory was sold as scrap for $5,000.income taxes have not yet been recorded.required: prepare a multiple-step income statement for the reed company for 2018, showing 2017 information in comparative format, including income taxes computed at 40% and eps disclosures assuming 300,000 shares of common stock. (amounts to be deducted should be indicated with a minus sign. round eps answers to 2 decimal places.)

What is one of the advantages of getting a government-sponsored mortgage instead of a conventional mortgage