Selected costs related to Apple’s iPhone are listed below. Classify each cost as either direct materials (DM), direct labor (DL), factory overhead (FO), selling expenses (S), or general and administrative (GA) expenses. 1. Display screen 2. Assembly-line supervisor salary 3. Wages for assembly workers 4. Salary of the chief executive officer 5. Glue to hold iPhone cases together 6. Uniforms provided for each factory worker 7. Wages for retail store worker 8. Depreciation (straight-line) on robotic equipment used in assembly

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.