While watching, think about the information you learned while reading Chapter 1. After, summarize the highlighter pen manufacturing process in no less than one paragraph. Then, specifically, match at least one cost/expense you saw in the video to each of the terms below and explain the reasoning in no less than one sentence for each term. A specific video cost/expense can only be used once.

For example, the plastic pellets would be considered a raw direct material. The reason is that plastic pellets are used to make the product and are clearly and easily traceable to the finished product.

Direct Cost

Indirect Cost

Product Cost

Period Cost

Direct Material

Indirect Material

Direct Labor

Indirect Labor

Overhead

Variable Cost

Fixed Cost

Finished Good

https://youtu.be/gyKTUmnHH-M

Here is the link for the video that they provided I couldn't figure out how to attach the actual video