Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2015: Factory rent Company advertising Wages paid to seamstresses Depreciation on salespersons' vehicles Thread 36,900 24,700 76,600 30,300 1,070 23,600 31,100 76,200 41,000 775 for factory Cutting room supervisor's salary President's salary Premium quality cotton material Utilities Buttons Factory insurance Depreciation on sewing machines Wages paid to cutters 18,100 6,700 50,500 Required: 1. Compute the cost of direct materials for Cotton White. Direct Materials Cost 41,000 2. Compute the cost of direct labor for Cotton White. $ 127,100 Direct Labor Cost 3. Compute the cost of manufacturing overhead for Cotton Wh ite. Manufacturing 141,845 $ Overhead 4. Compute the total manufacturing cost for Cotton White Total Manufacturing Cost 273,045 5. Compute the prime cost for Cotton White. Prime Cost 168,100 6. Compute the conversion cost for Cotton White. Conversion Cost $ 268,945 7. Compute the total period cost for Cotton White. Total Period Cost $ 131,600