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Assume you are the chief financial officer for the following two businesses: automobile manufacturer that produces SUV's and a surgical outpatient hosptial center. You may wonder how you could be that role for both, but you work for an agency that hires CFO's and then outsources them to businesses that can't afford to hire their own, and you work with multiple clients.

a. What would be the direct materials in your business models- define what direct materials are and explain examples, if any that each would have.

b. What would be the indirect materials in your business modesl - define what indirect materials are and explain examples, if any, that each woudl have.

c. What woudl be the direct labor in your business models - define what direcr labor is and explain examples, if any, that each woud have.

d. What would be the indirect labor in your business models - define what indirect labor is and explain examples, if any, that each would have.

e. What would be overhead costs in your business models - define what overhead is and examplain examples, if any, that each woudl have.

f. How do you think that overhead should be spread to the costing 'units' in your two business models?

g. Your text talks about Raw Materials, Work-In-Process, and Finished Goods. Would each of these models have these accounts for the balance sheet?

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