Problem 2-44 Direct and the user LD 1,3,5,9) Highlander Cutlery manufactures kitchen knives. One of the employees, whose job is to cut out wooden Knife handles, worked 48 hours during a week in January. The employee earns $12 per hour for 40-hour week. For additional hours, the employee is paid an overtime rate of $16 per hour. The em- ployee's time was spent as follows: Regular duties involving cutting out knife handies....... 38 hours General shop cleanup duties....... 9 hours Idle time due to power outage ....... 1 hour ........ 2. Total cost of age 5808 Required: 1. Calculate the total cost of the employee's wages during the week described above. 2. Determine the portion of this cost to be classified in each of the following categories: a. Direct labor b. Manufacturing overhead (idle time) c. Manufacturing overhead (overtime prenium) d. Manufacturing overhead (indirect labor) - Cod Verde Shirt Shop manufactures T-shirts and decorates them with custom designs for retail sale on the premises. Several costs incurred by the company are listed below. For each cost, indicate which of the fol lowing classifications best describe the cost. More than one classification may apply to the same cost item. Problem 2-45 Chilatione (LO 5, 8, 9) Cost Classifications a. Variable b. Fixed c. Period d. Product e. Administrative f. Selling