Mad Dog Enterprises manufactures computer game control devices like joysticks and steering wheels. Following is a list of the costs incurred by Mad Dog in 2012:
Wages paid to assembly workers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $250,000
Cost of plastic used in making devices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34,000
Insurance on factory building . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53,000
Salary of factory supervisor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 41,000
Interest on money borrowed to finance operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27,000
Wages paid to factory maintenance workers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85,000
Cost of computer/controller boards installed in devices . . . . . . . . . . . . . . . . . . . . . . . . . . . 30,000
Advertising costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 168,000
Cost of electricity used in factory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96,000
Compute the total cost for each of the following categories:
1. Direct materials
2. Direct labor
3. Manufacturing overhead
4. Period costs