Using a search engine on the Internet, search for virtual plant tour. Select a site that contains

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Using a search engine on the Internet, search for” virtual plant tour.” Select a site that contains a virtual plant tour for a company that is interesting to you. Click through the tour for that company and answer the following questions based on your observations during that virtual tour.

Required
a. Describe the product that is being produced and the company that makes it.
b. Describe the production process that is used in making this product.
c. Define raw materials. What raw materials are used to make this product?
d. Define indirect materials. What indirect materials are used to make this product?
e. Define direct labor. Describe the jobs of the workers who would be considered “direct labor” in making this product.
f. Define indirect labor. Describe the jobs of the workers who would be considered “indirect labor” in making this product.
g. Define manufacturing overhead. In addition to the indirect materials and indirect labor already described, what other manufacturing overhead expenses would be incurred in this production process? Be specific and make reasonable guesses if you do not know for sure.
h. Would a job-order costing system or a process costing system be used for this production process? Give specific reasons for your choice of which costing system would be most appropriate- ate for this manufacturer.

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Managerial Accounting

ISBN: 12

3rd Edition

Authors: James Jiambalvo

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