Indicate whether each of the following costs associated with production would be classified as direct materials, direct
Question:
Indicate whether each of the following costs associated with production would be classified as direct materials, direct labor, or manufacturing overhead.
1. Depreciation on production equipment
2. Paint used to produce wagons
3. Accounting staff performing tax services for a client
4. Grease used to maintain machines
5. Fiberglass used to produce a custom boat
6. Factory rent
7. Hourly workers assembling goods
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