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    Cost of Sales and SG&A

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    The document is a quiz question from a business course about classifying operating expenses for Target Corporation. It provides a table with 18 expenses listed and asks the student to identify whether each expense would be included in cost of sales (COS) or selling, general and administrative (SG&A) expenses based on a footnote from Target's 2015 annual report.

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    Cost of Sales and SG&A

    Uploaded by

    Uber
    73 views2 pages
    The document is a quiz question from a business course about classifying operating expenses for Target Corporation. It provides a table with 18 expenses listed and asks the student to identify whether each expense would be included in cost of sales (COS) or selling, general and administrative (SG&A) expenses based on a footnote from Target's 2015 annual report.

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    The document is a quiz question from a business course about classifying operating expenses for Target Corporation. It provides a table with 18 expenses listed and asks the student to identify whether each expense would be included in cost of sales (COS) or selling, general and administrative (SG&A) expenses based on a footnote from Target's 2015 annual report.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    73 views2 pages

    Cost of Sales and SG&A

    Uploaded by

    Uber
    The document is a quiz question from a business course about classifying operating expenses for Target Corporation. It provides a table with 18 expenses listed and asks the student to identify whether each expense would be included in cost of sales (COS) or selling, general and administrative (SG&A) expenses based on a footnote from Target's 2015 annual report.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    4/30/22, 5:04 AM Quiz 2

    Started on Tuesday, 19 April 2022, 9:56 PM


    State Finished
    Question 12 Partially
    Completed on correct
    Tuesday, 19 April
    Mark 3.112022, 10:38
    out of 4.00 PM
    Time
    Operating taken 42 mins 1 sec
    Expenses

    Target Corporation’s
    Grade footnote
    18.11 out
    from
    of 20.00
    its 2015
    (91%)
    annual report table illustrates the primary items classified in each major expense category: cost of
    sales (COS), or selling, general and administrative (SG&A). For each expense, indicate whether the item would be included in COS or SG&A.

    Expense Category
    a. Advertising expenses SG&A 
    b. Compensation and benefit costs for headquarters employees SG&A 
    c. Compensation and benefit costs for store employees SG&A 
    d. Compensationand benefits costs for distribution center employees SG&A 
    e. Distribution center costs SG&A 
    f. Freight expenses associated with moving merchandise from our vendors to our
    distribution centers and our retail stores SG&A 
    g. Freight expenses associated with moving merchandiseamong our distribution
    and retail stores SG&A 
    h. Import costs COS 
    i. Inventory shrink and theft COS 
    j. Litigation and defense costs and related insurance recovery SG&A 
    k. Markdowns on slow moving inventory COS 
    l. Occupancy and operating costs for headquarters facilities SG&A 
    m. Occupancy and operating costs of retail locations SG&A 
    n. Outbound shipping and handling expenses associated with sales to our guests SG&A 
    o. Payment term cash discounts to our vendors COS 
    p. Pre-opening costs of stores and other facilities SG&A 
    q. U.S. credit cards servicing expenses SG&A 
    r. Vendor reimbursement of specific, incremental, and identifiable advertising costs SG&A 

    a. Advertising expenses
    SG&A

    b. Compensation and benefit costs for headquarters employees


    SG&A

    c. Compensation and benefit costs for store employees


    SG&A

    d. Compensation and benefits costs for distribution center


    employees
    COS

    e. Distribution center costs,


    COS

    f. Freight expenses associated with moving merchandise from our


    vendors to our distribution centers and our retail stores
    COS

    g. Freight expenses associated with moving merchandise among


    our distribution and retail stores
    COS

    h. Import costs
    COS

    i. Inventory shrink and theft


    COS

    j. Litigation and defense costs and related insurance recovery


    SG&A

    k. Markdowns on slow moving inventory


    COS

    l. Occupancy and operating costs for headquarters facilities


    SG&A

    m. Occupancy and operating costs of retail locations


    SG&A

    n. Outbound shipping and handling expenses associated with sales


    to our guests
    COS

    https://mybusinesscourse.com/platform/mod/quiz/review.php?attempt=6449282&cmid=354553 1/2
    4/30/22, 5:04 AM Quiz 2

    o. Payment term cash discounts to our vendors


    COS

    p. Pre-opening costs of stores and other facilities


    SG&A

    q. U.S. credit cards servicing expenses


    SG&A

    r. Vendor reimbursement of specific, incremental, and identifiable


    advertising costs
    SG&A

    https://mybusinesscourse.com/platform/mod/quiz/review.php?attempt=6449282&cmid=354553 2/2

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