Why do you believe polaris includes these costs

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Polaris reports in notes to its financial statements that, in addition to its products sold, it includes the following costs (among others) in cost of sales: customer shipping and handling expenses, warranty expenses, and depreciation expense on assets used in manufacturing.

1. Why do you believe Polaris includes these costs in its cost of sales?

2. What effect does this cost accounting policy for its cost of sales have on Polaris' financial statements and any analysis of those statements? Explain.

3. Access Polaris' financial statements for the years after December 31, 2011, from its Website (Polaris.com) or the SEC's EDGAR Website (sec.gov).

Review its footnote relating to Organization and Significant Accounting Policies. Has Polaris' changed its policy with respect to what costs are included in the cost of sales? Explain.

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The solution of this assignment was purely centered on the analysis of the financial statements and the cost accounting policy of Polaris Company use. The content of the information were in line with the said and given instructions. The insides were plagiarism free and unique. Total word count were more than 1,500 as per instruction given and submitted in MS word document.

Reference no: EM132319439

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