Question
Analyze the movie production activities involved in creating and distributing a recent Disney movie. Identify the following key job costing elements in terms of the
Analyze the movie production activities involved in creating and distributing a recent Disney movie. Identify the following key job costing elements in terms of the movie production and distribution activities. Give an example of each. Provide support to justify your answer as appropriate. 1) Identify an example of Direct Labor, Direct Material and Manufacturing Overhead in a Disney Movie Studio project. 2) Identify a Fixed Cost and a Variable Cost. 3) In order to establish a predetermined overhead rate, you must determine an allocation base. Do you feel DL hours, DL dollars or Machine hours is most appropriate? Why? 4) Give an example of Actual Manufacturing Overhead cost elements in the production and distribution of a Disney movie. 5)Do you think the concept of WIP applies for Disney movie production and distribution activities?
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