1) Cam Newton Manufacturing builds custom wooden cabinets. Cam Newton Manufacturing has reported the following costs for the previous year. Assume no production inventories. Advertising Cost of hardware (slides, handles, etc.) Cost of wood Depreciation on production equipment Factory property taxes Factory rent Glue Production supervisor salary Sales manager salary Utilities for factory Wages for maintenance workers Wages of assembly workers Wages of finishing workers Sales $ 70,000 $ 34,000 $ 117,000 $ 63,000 $ 17,300 $ 76,000 $ 3,800 $ 40,700 $ 41,600 $ 23,900 $ 31,800 $ 91,400 $ 77,300 $ 800,000 Compute the following and show your calculations: 1. a. Direct material costs b. Direct labor cost c. Manufacturing overhead d. Prime cost e. Conversion cost f. Total manufacturing cost g. Total period cost h. Net Income for the year