Question: Requirement 1. If the cost object is an airplane, classify each cost as one of the following: direct materials (DM), direct labour (DL), indirect labour

Requirement 1. If the cost object is an airplane, classify each cost as one of the following: direct materials (DM), direct labour (DL), indirect labour (IL), indirect materials (IM), other manufacturing overhead (other MOH), or period cost. What is the total for each type of cost?

Requirement 1. If the cost object is an airplane, classify each cost

as one of the following: direct materials (DM), direct labour (DL), indirect

Start by classifying each cost, and then calculate the total for each type of cost. (Enter amounts in thousands as provided in the problem statement. Leave any unused cells blank. Do not enter "0".)

labour (IL), indirect materials (IM), other manufacturing overhead (other MOH), or period cost. What is the total for each type of cost? Start by

Costs Requirement 2. Calculate total manufacturing overhead costs. Determine the formula, and then calculate the total manufacturing overhead costs. (Enter amounts in thousands as provided in the problem statement.) Requirement 3. Calculate total inventoriable product costs. Determine the formula, and then calculate the total inventoriable product costs. (Enter amounts in thousands as provided in the problem statement.) Requirement 4. Calculate total prime costs. Determine the formula, and then calculate the total prime costs. (Enter amounts in thousands as provided in the problem statement.) Requirement 5. Calculate total conversion costs. Determine the formula, and then calculate the total conversion costs. (Enter amounts in thousands as provided in the problem statement.) =Totalconversioncosts= Requirement 6. Calculate total period costs. The total period costs are $ thousand

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