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2 5 points Skipped Your friend, Suzie Whitson, has designed a new type of outdoor toy that helps children learn basic concepts such as
2 5 points Skipped Your friend, Suzie Whitson, has designed a new type of outdoor toy that helps children learn basic concepts such as colors, numbers, and shapes. Suzie's product will target two groups day care centers in warm climates and home school programs. Her company is Jiffy Jet and costs for last month follow Factory rent Company advertising Mages paid to assembly workers $3,170 1,120 30,000 Depreciation for salespersons' vehicles 2,000 Screws 565 tilities for factory 500 Assembly supervisor's salary 3,540 P Sandpaper 150 President's salary 5,160 Plastic tubing 4,030 Paint Sales commissions Factory Insurance Depreciation on cutting machines Wages paid to painters 250 1,200 1,010 2,010 7,000 Assume that Suzie Whitson has decided to begin production of her outdoor children's toy Required: 1 and 2. Identify each of the preceding costs as either a product or a period cost. If the cost is a product cost, decide whether it is for direct materials (DM), direct labor (DL), or manufacturing overhead (MOF) and also identify each of the preceding costs as variable or foxed cost 3. Determine the total cost for each of the following Complete this question by entering your answers in the tabs below.
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