Classify each as direct material, direct labor, indirect labor, indirect labor, other manufacturing overhead or period cost, and then answer the 5 questions below: 4a. Classify each cost (the first one is done for you): (5 points total) An airline manufacturer incurred the following costs last month (in thousands of dollars): Direct Material Direct Labor Indirect Material Indirect Labor Other Manufacturing Overhead Period Cost
a. Depreciation on forklifts ........................................................................... $60 $60
b. Property tax on corporate marketing office ............................................. $30
c. Cost of warranty repairs ............................................................................ $220
d. Factory janitors wages ............................................................................. $10
e. Cost of designing new plant layout .......................................................... $190
f. Machine operators health insurance ....................................................... $40
g. Airplane seats ........................................................................................... $270
h. Depreciation on administrative offices ..................................................... $70
i. Assembly workers wages ......................................................................... $670
j. Plant utilities ............................................................................................. $110
k. Production supervisors salaries ................................................................ $160
l. Jet engines ................................................................................................ $1,100
m. Machine lubricants .................................................................................... $20
Then, answer the below questions: 4b. How much are total manufacturing overhead costs? (5 points) 4c. How much are total inventoriable product costs? (5 points) 4d. How much are total prime costs? (5 points) 4e. How much are total conversion costs? (5 points)