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Requirement 1 . Assuming the cost object is an airplane, classify each cost as one of the following: direct material ( DM ) , direct
Requirement Assuming the cost object is an airplane, classify each cost as one of the following: direct materialDM direct laborDL indirect laborIL indirect materialsIM other manufacturing overheadother MOH or period cost. What is the total for each type of costEnter currency amounts in thousands and not in dollars. If an input field is not used in the table leave the input field empty; do not enter a zero.
Other
DM
DL
IM
IL
MOH
Period
Part Part
a
Airplane seats.
$
b
Production supervisors' salaries.
$
c
Depreciation on forklifts in factory.
$
d
Machine lubricants.
$
e
Factory janitors' wages.
f
Assembly workers' wages.
$
g
Property tax on corporate marketing offices.
$
h
Plant utilities.
i
Cost of warranty repairs.
j
Machine operators' health insurance.
k
Depreciation on administrative offices.
l
Cost of designing new plant layout.
m
Jet engines.
Total.
$
$
$
$
$
$
Part
Requirement Calculate total manufacturing overhead costs.
First determine the formula, then calculate the total manufacturing overhead costs. Enter currency amounts in thousands and not in dollars.
Total manufacturing
Indirect materials
Indirect labor
Other MOH
overhead costs
$
$
$
$
Part
Requirement Calculate total product costs.
Determine the formula, then calculate the total product costs.
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