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. amerentiv the Product = car tiresU Mobile Stay Safe VOLTE 45. 1| (@)' M 0 10 51 1:24 28 December 2020 11:19 pm Cover pen, shapes and stamps are available X PDF Annotation SKILLS DEVELOPMENT CASES $1-1 Video Case Assignment: Identifying Manufacturing Costs Go to www.YouTube.com and search for How It's Made, a television show produced by the Discovery Channel that shows how thousands of products and services are created. Find a product that interests you by browsing through the episode list or using search terms such as baseball bats or stackable potato chips. Watch the video and answer the following questions: . What product did you choose? Briefly describe how the product is made. . 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. . Did you observe any direct labor in the video? Did you observe any indirect labor? What is the difference? List three examples of manufacturing overhead that you observed in the video. 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? L. . Share Favourite Edit Delete More O