In Chapter$12,$ we now find that we need to accumulate the costs $($Direct material, Direct labor and Overhead costs$)$ of specific jobs so that we can track how much that job $($or product$)$ costs us to manufacture $($or to provide service if we are a service organization$).$

Discuss topic :$$Imagine you are the manager for a construction company building a custom home.$$

$1)$ Give three examples of direct materials needed for building a house?

$2)$ How would the builder calculate the total amount of the direct labor cost incurred$/$charged to build each house?

$3)$ Give three examples of manufacturing overhead costs for a construction company$$when building custom homes? How would all of the overhead costs like this assigned to the custom houses that that you build $($ i$.$e$.$ how are overhead costs accumulated and assigned$)?$