Required: For each cost, indicate whether it would most...

Required: For each cost, indicate whether it would most likely be classified as direct materials, direct la an administrative cost. 1. The cost of a hard drive installed in a computer. Direct labor cost Direct materials cost Manufacturing overhead cost Selling cost Administrative cost

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00:01 Hello students, here is a question.

00:02 The list of contained cost of a various organization incurred, they fall into three categories.

00:07 One is direct material, direct labor, and direct overhead.

00:11 Classify each item as direct material, labor, and overhead.

00:15 So, here are some items given.

00:16 We have to find out either it belongs to a direct labor, direct material, or direct overhead.

00:22 So, let us start solving this.

00:24 The first question says that glue used to attach label to a bottle containing a pretended medicines.

00:33 So, for the first one, it is direct material.

00:41 And for the second one, compressed air used in an operating paint spray for student painters, a company that paints houses and apartment is a direct material.

00:54 So, the next is insurance on a factory build and equipment.

00:58 So, that will be overhead.

01:01 A product department supervisor salary.

01:06 So, that is direct labor.

01:12 And fifth is rent of a factory machinery is a overhead.

01:20 And sixth is iron, ore, and steel, steel mill.

01:26 So, that will be an direct material.

01:32 Oil, gasoline, and a greaser for pocket trucks in a manufacturing company and warehouse.

01:39 So, that will be an overhead.

01:43 And the eighth one is service and a paint of a building construction...

Question

Required: For each cost, indicate whether it would most likely be classified as direct materials, direct la an administrative cost. 1. The cost of a hard drive installed in a computer. Direct labor cost Direct materials cost Manufacturing overhead cost Selling cost Administrative cost

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