1. Assuming the cost object is an airplane, classify each cost as one of the following: direct material (DM), direct labor (DL), indirect labor (IL), indirect materials (IM), other manufacturing overhead (other MOH), or period cost. What is the total for each type ofcost? (Enter amounts in thousands instead of dollars by omitting the $000s. Leave cells blank that do not require numerical inputs.)

2. Calulate total manufacturing overhead cost. First determine the formula, then calculate the total manufacturing overhead cost. Enter amounts in thousands instead of dollars, by omitting the $000s.

3. Calculate total inventoriable product costs. Determine the formula, then calculate the total inventoriable product cost. Enter amounts in thousands instead of dollars, by omitting the $000s.

4. Calculate total prime cost. Determine the formula, then calculate the total prime cost. Enter amounts in thousands instead of dollars, by omitting the $000s.

5. Calculate total conversion cost. Determine the formula, then calculate the total conversion cost. Eneter amounts in thousands of dollars, by omitting the $000s.

Thetotal period cost are $________ thousand.

Homework: Week 1 Homework (graded) Homework: Week 1 Homework (graded)