Based on the product Chocolate mints that are for candy for sale in retail. Answer the following questions.

• What are the major material inputs into the product? Pick one type of material used to make this product and find out how much it costs. List one decision that managers might make based on the cost of materials.

• Is there any direct labor involved in making Chocolate mints? How about any indirect labor? What is the difference?

• List three examples of manufacturing overhead that you found regarding chocolate mints. How does manufacturing overhead differ from direct materials and direct labor?

• How much do you think it costs to make a single unit of this product? List two decisions that managers would make based on the cost of the product.

• List two costs the company incurs that are not related to making the product. How and why are these costs treated differently than the manufacturing costs identified previously?