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BUENAFLOR COMPANY specializes in manufacturing many different models of bicycles. Assume that a new model, the Jaguar, has been well accepted. As a result, the

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BUENAFLOR COMPANY specializes in manufacturing many different models of bicycles. Assume that a new model, the Jaguar, has been well accepted. As a result, the company has established a separate manufacturing facility to produce these bicycles. The company produces 1,000 bicycles per month. BUENAFLOR COMPANY's monthly manufacturing costs and other expense data related to these bicycles are as follows: 1Rent on manufacturing equipment (lease cost) $2,000/month 2. Insurance on manufacturing building $750/month 3. Raw materials (frames, tires, etc.) $80/bicycle 4. Utility costs for manufacturing facility $1,000/month 5. Supplies for general office $800/month 6. Wages for assembly-line workers in manufacturing facility $30/bicycle 7. Depreciation on office equipment $650/month 8. Miscellaneous materials (lubricants, solders, etc.) $1.20/bicycle 9. Property taxes on manufacturing building $2,400/year 10. Manufacturing supervisor's salary $3,000/month 11. Advertising for bicycles $30,000/year 12. Sales commissions $10/bicycle 13. Depreciation on manufacturing building $1,500/month REQUIRED: a. Prepare an answer sheet with the following column headings: PRODUCT COSTS COST ITEM DIRECT DIRECT MANUFACTURING PERIOD COSTS MATERIALS MATERIALS OVERHEAD Enter each cost item on your answer sheet, placing an "X" under the appropriate headings. b. Calculate the total manufacturing cost for the month

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