1. What are the direct and indirect costs involved with manufacturing Oscars?
Original blog posting (May 12, 2014)

2. R.S. Owens, a company in Chicago, produces the “Oscars” statues
Officially named the “Academy Award of Merit”
Weigh 8.5 pounds
Take three to four weeks to manufacture

3. Video of how Oscars are made
w-an-oscar-is-made.cnnmoney/index.html

4. Question 1
What direct materials are used in the production of Oscars?

5. Question 2
Is there any direct labor involved in the production of Oscars?  If so, what tasks are done by the workers classified as direct labor?

6. Question 3
What indirect labor would be involved in the production of Oscars?

7. Question 4
What other indirect manufacturing costs do you think would be incurred in the production of Oscars?  Use your imagination.

8. Question Recap
What direct materials are used in the production of Oscars?
Is there any direct labor involved in the production of Oscars?  If so, what tasks are done by the workers classified as direct labor?
What indirect labor would be involved in the production of Oscars?
What other indirect manufacturing costs do you think would be incurred in the production of Oscars?  Use your imagination.

9. For additional news stories to use in the accounting classroom, see the Accounting in the Headlines blog at Related video resources can be found at Questions or comments? Contact Dr. Wendy Tietz at