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Please answer both 10-1 and 10-2 A-d as they both are connected and part of question 10. Make sure to at least answer 10-2 a-d

\begin{tabular}{|c|c|c|c|c|c|c|} \hline Problem 10-1 & 5 points & & & & & \\ \hline \multicolumn{7}{|c|}{ A review of the accounting records of Wild Horses Inc indicated that the company } \\ \hline \multicolumn{7}{|c|}{ incurred the following payroll costs during the month of March. } \\ \hline \multicolumn{2}{|c|}{ 1. Salary of the company president } & & $ & 224,000 & & \\ \hline \multicolumn{2}{|c|}{ 2. Salary of the vice president of manufacturing } & & $ & 112,000 & & \\ \hline \multicolumn{2}{|c|}{ 3. Salary of the chief financial officer } & & $ & 131,600 & & \\ \hline \multicolumn{2}{|c|}{ 4. Salary of the vice president of marketing } & & $ & 109,200 & & \\ \hline \multicolumn{7}{|c|}{ 5. Salaries of middle managers (department heads, } \\ \hline \multicolumn{3}{|c|}{ production supervisors) in manufacturing plant } & $ & 1,372,000 & & \\ \hline \multicolumn{3}{|c|}{ 6. Wages of production workers } & $ & 6,566,000 & & \\ \hline \multicolumn{3}{|c|}{ 7. Salaries of administrative personnel in the office } & $ & 784,000 & & \\ \hline \multicolumn{3}{|c|}{ 8. Salaries of engineers and other personnel } & & & & \\ \hline \multicolumn{3}{|c|}{ responsible for maintaining manufacturing equipment } & $ & 1,246,000 & & \\ \hline \multicolumn{2}{|c|}{ 9. Commissions paid to sales staff } & & $ & 1,764,000 & & \\ \hline \multicolumn{7}{|l|}{ REQUIRED } \\ \hline \multicolumn{7}{|c|}{ 1. What amount of payroll cost would be classified as general, selling, and administrative expense? } \\ \hline \multicolumn{2}{|c|}{ 2. Assuming that Wild Horses Inc made } & 22,500 & \multirow{2}{*}{\multicolumn{4}{|c|}{\begin{tabular}{|l|l|} units of product in the month \\ units of product made in the month \end{tabular}}} \\ \hline \multicolumn{2}{|c|}{ Assuming that Wild Horses Inc sold only } & 18,000 & & & & \\ \hline \multicolumn{7}{|c|}{\begin{tabular}{l|l} of March, determine the amount of payroll cost that would be included in cost of goods sold. & \\ \end{tabular}} \\ \hline \\ \hline Problem 10-2 & 25 points & & & & & \\ \hline \multicolumn{7}{|c|}{ Tumblin Dice Company makes eBook readers. The company had the following amounts at the } \\ \hline \multicolumn{7}{|l|}{ beginning of 2023: } \\ \hline & & & & & & \\ \hline Cash & & 3,450,000 & & & & \\ \hline Raw Materials Inventory & & 265,000 & & & & \\ \hline Work in Process Inventory & & 100,000 & & & & \\ \hline Finished Goods Inventory & & 225,000 & & & & \\ \hline Common Stock & & 3,030,000 & & & & \\ \hline Retained Earnings & & 1,010,000 & & & & \\ \hline & & & & & & \\ \hline 1. Paid & 125,000 & of research and development & costs & & & \\ \hline 2. Paid & 285,000 & for raw materials that will be u & sed t & make eBook & readers. & \\ \hline 3. Placed & 500,000 & of the raw materials cost into & the pr & cess of manu & ufacturing eBook & \\ \hline \end{tabular}

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