Advanced Micro Devices Inc (AMD)

[Jules2]

"Posted by: wmbz
In reply to: wbmw who wrote msg# 14496 Date:10/2/2003 9:44:31 AM
Post #of 14555

wbmw, from a purely accounting perspective I agree with you but I remember from my college days that the cost of a "widget" is the amount of money it takes to get raw materials into the hands of consumers as finished goods. I believe that without Intel's existing marketing budget a lot of those finished goods would be piling up in warehouses instead of making it to the hands of consumers. I believe if you ask around, marketing is a fixed cost that should be included in the total cost of selling a cpu. Sorry, but it has to be.

C"

Every COA "Chart of Accounts" I ever used had a COS account "Cost of Sales" in the liability colume.

Jules