Listed Below Are a Number of Common Manufacturing Costs

Essay

Listed below are a number of common manufacturing costs.For each cost,state whether the cost would be considered a direct (D)or indirect (I)cost in a traditional manufacturing environment and in a JIT manufacturing environment.
$\begin{array}{lcc}\text { Cost Element } & \text { Traditional } & \text { JIT } \\& \text { Manufacturing } & \text { Manufacturing } \\& \text { Environment } & \text { Environment }\\\text {Insurance}\\\text {Property taxes}\\\text {Equipment depreciation}\\\text {Raw materials}\\\text {Materials handling}\\\text {Operating supplies}\\\text {Power}\\\text {Heat and light}\\\text {Labor of equipment operators}\\\text {President's salary}\end{array}$