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1. If the cost object is an airplane, classify each cost as one of the following: direct material (DM), direct labour (DL), indirect labour (IL),
1. | If the cost object is an airplane, classify each cost as one of the following: direct material (DM), direct labour (DL), indirect labour (IL), indirect materials (IM), other manufacturing overhead (other MOH), or period cost. What is the total for each type of cost? | |
2. | Calculate total manufacturing overhead costs. | |
3. | Calculate total inventoriable product costs. | |
4. | Calculate total prime costs. | |
5. | Calculate total conversion costs. | |
6. | Calculate total period costs. |
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