Ch 2 - Day 2 homework - 1) Classify the following costs at a car manufacturer as a) product or period and b) direct materials (DM), direct labor (DL), manufacturing overhead (MOH), or selling, general, and administrative (SGA) c) direct or indirect costs. a) Windshield b) Engine c) Wages of assembly line worker d) Depreciation of factory machines e) Factory machinery lubricants f) Tires g) Advertising costs h) Steering wheel i) Salary of painting supervisor j) Salary of company president k) Rent on office building 1) Utilities on factory building m) Janitorial wages on factory n) Salary of chief accountant 2. Fill in the missing items for the following Cost of Goods Manufactured Schedule and Income Statement. Assume each company is independent. Print the formulas in Excel (CNRL) Cost of Goods Manufactured Direct Materials +Direct Labor +Manufacturing Overhead Total Manufacturing Costs + Beginning Work in Process - Ending Work in Process Cost of Goods Manufactured A Co. 80 150 120 350 ? B Co 140 ? 160 200 C Co. D Co. 760 200 50 100 100 470 210 ?710 10 60 70 70 ? 220 ? 760 20 ? 40 7360560 900 1,100 80 360 Income Statement Sales Beginning Finished Goods Cost of Goods Manufactured Ending Finished Goods Cost of Goods Sold Gross Profit (Gross Margin) Operating Expenses Operating Income (Loss)