---
kind: "section"
citation: "18 C.F.R. § 367.4160"
title: "18"
number: "367.4160"
heading: "Account 416, Costs and expenses of merchandising, jobbing and contract work."
url: "https://uscodex.org/cfr/18/367.4160"
---

# §367.4160. Account 416, Costs and expenses of merchandising, jobbing and contract work.

- (a) This account must include the following labor items for services provided:
  - (1) Canvassing and demonstrating appliances in homes and other places for the purpose of selling appliances.
  - (2) **Demonstrating and selling activities in sales rooms.**
  - (3) Installing appliances on customer premises where the work is done only for purchasers of appliances from the associated company.
  - (4) **Installing wiring, piping, or other property work, on a jobbing or contract basis.**
  - (5) **Preparing advertising materials for appliance sales purposes.**
  - (6) **Receiving and handling customer orders for merchandise or for jobbing services.**
  - (7) **Cleaning and tidying sales rooms.**
  - (8) **Maintaining display counters and other equipment used in merchandising.**
  - (9) **Arranging merchandise in sales rooms and decorating display windows.**
  - (10) **Reconditioning repossessed appliances.**
  - (11) **Bookkeeping and other clerical work in connection with merchandise and jobbing activities.**
  - (12) **Supervising merchandise and jobbing operations.**
- (b) This account must include the following materials and expenses items:
  - (1) **Advertising in newspapers, periodicals, radio, television, and other similar items.**
  - (2) **Cost of merchandise sold and of materials used in jobbing work.**
  - (3) **Stores expenses on merchandise and jobbing stocks.**
  - (4) **Fees and expenses of advertising and commercial artists' agencies.**
  - (5) **Printing booklets, dodgers, and other advertising data.**
  - (6) **Premiums given as inducement to buy appliances.**
  - (7) **Light, heat and power.**
  - (8) **Depreciation on equipment used primarily for merchandise and jobbing operations.**
  - (9) **Rent of sales rooms or of equipment.**
  - (10) **Transportation expense in delivery and pick-up of appliances by the associated company's facilities.**
  - (11) **Stationery and office supplies and expenses.**
  - (12) **Losses from uncollectible merchandise and jobbing accounts.**
- (c) Records in support of this account shall be so kept as to permit ready summarization of costs and expenses by such major items as are feasible.
- (d) Related taxes must be recorded in account 408.2, Taxes other than income taxes, other income and deductions ([§ 367.4082](/cfr/18/367.4082.md)), or account 409.2, Income taxes, other income and deductions ([§ 367.4092](/cfr/18/367.4092.md)), as appropriate.

## Notes

### Authority

Authority: 15 U.S.C. 717 et seq., 16 U.S.C. 791a et seq., and 42 U.S.C. 16451-16463.

### Source

Source: Order 684, 71 FR 65226, Nov. 7, 2006, unless otherwise noted.