An airline manufacturer incurred the following costs last month (in thousands of dollars): a. Airplane...
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An airline manufacturer incurred the following costs last month (in thousands of dollars): a. Airplane seats $240 b. Production supervisors' salaries $100 c. Depreciation on forklifts in factory $40 d. Machine lubricants $35 e. Factory janitors' wages $15 f. Assembly workers' wages. $620 g. Property tax on corporate marketing office $30 h. Plant utilities $120 i. Cost of warranty repairs. $260 j. Machine operators' health insurance $10 k. Depreciation on administrative offices $60 l. Cost of designing new plant layout... $170 m. Jet engines. $1,400 Requirements Assuming the cost object is an airplane, classify each cost as one of the following: direct material (DM), direct labor (DL), indirect labor (IL), indirect materials (IM), other manufacturing overhead
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