An airline manufacturer incurred the following costs last month (in thousands of dollars): Requirements: 1. Assuming the

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An airline manufacturer incurred the following costs last month (in thousands of dollars):

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Requirements:

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?
2. Calculate total manufacturing overhead costs.
3. Calculate total product costs.
4. Calculate total prime costs.
5. Calculate total conversion costs.
6. Calculate total period costs.

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