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An airline manufacturer incurred the following costs last month (in thousands of dollars): (Click the icon to view the costs.) Read the requirements. ... Requirement 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 of cost? (Enter 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.) a. Airplane seats... b. Production supervisors' salaries. c. Depreciation on forklifts in factory d. Machine lubricants ***** e. Factory janitors' wages... f. Assembly workers' wages... DM DL IM IL Other MOH Period

An airline manufacturer incurred the following costs last month (in thousands of dollars): (Click the icon to view the costs.) Read the requirements. ... Requirement 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 of cost? (Enter 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.) a. Airplane seats... b. Production supervisors' salaries. c. Depreciation on forklifts in factory d. Machine lubricants ***** e. Factory janitors' wages... f. Assembly workers' wages... DM DL IM IL Other MOH Period

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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please answer and explain in detail with all working explain all why DM, DL, IL,IM,OTHER MOH,PC

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An airline manufacturer incurred the following costs last month (in thousands of dollars): (Click the icon to view the costs.) Read the requirements. ... Requirement 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 of cost? (Enter 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.) a. Airplane seats... b. Production supervisors' salaries. c. Depreciation on forklifts in factory d. Machine lubricants ***** e. Factory janitors' wages... f. Assembly workers' wages... DM DL IM IL Other MOH Period
Transcribed Image Text:An airline manufacturer incurred the following costs last month (in thousands of dollars): (Click the icon to view the costs.) Read the requirements. ... Requirement 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 of cost? (Enter 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.) a. Airplane seats... b. Production supervisors' salaries. c. Depreciation on forklifts in factory d. Machine lubricants ***** e. Factory janitors' wages... f. Assembly workers' wages... DM DL IM IL Other MOH Period
Data table a. Airplane seats.... b. Production supervisors' salaries.... C. Depreciation on forklifts in factory.... d. Machine lubricants.... e. Factory janitors' wages f. g. $ ..$ ... $ . $ . $ Assembly workers' wages. . $ Property tax on corporate marketing office ...... $ Plant utilities..... $ h. i. J. k. I. **** Cost of warranty repairs... Machine operators' health insurance... Depreciation on administrative offices Cost of designing new plant layout. m. Jet engines... **** **** **** . $ 270 200 30 40 50 630 45 150 240 . $ ... $ $ $ 1,100 55 70 175 - X
Transcribed Image Text:Data table a. Airplane seats.... b. Production supervisors' salaries.... C. Depreciation on forklifts in factory.... d. Machine lubricants.... e. Factory janitors' wages f. g. $ ..$ ... $ . $ . $ Assembly workers' wages. . $ Property tax on corporate marketing office ...... $ Plant utilities..... $ h. i. J. k. I. **** Cost of warranty repairs... Machine operators' health insurance... Depreciation on administrative offices Cost of designing new plant layout. m. Jet engines... **** **** **** . $ 270 200 30 40 50 630 45 150 240 . $ ... $ $ $ 1,100 55 70 175 - X
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