Factory rent Company advertising Wages paid to assembly workers Depreciation for salespersons' vehicles Screws Utilities for factory Assembly supervisor's salary Sandpaper President's salary Plastic tubing Paint Sales commissions Factory insurance Depreciation on cutting machines Wages paid to painters $ 3,120 1,160 30,900 2,140 505 885 3,610 200 5,040 4,150 215 1,350 1,050 2,140 7,500 Cost head Cost classification 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 com min Jiffy Jet and costs for last month follow: Costs Type of cost Factory rent Factory rent $ 3,120 Company advertising Company advertising 1,15 Wages paid to assembly workers Hages paid to assembly workers 38,990 Depreciation for salespersons' vehicles 2,140 Depreciation for salespersons' vehicles Screws 525 Car Screws Utilities for tactory 885 Lilit Assembly supervisor salary 3,61% Utilities for actory Sandpaper 288 President's salary Assembly supervis' sulaty 5,040 Plastic tubing 4,15 Sandpaper Paint 215 - Sales commission 1,250 President's salary Factory insurance 1,950 Plastic tubing Depreciation on cutting machines 2,140 Hages paid to painter's 7,50 Parimit Sales commissions Factory insurance Assume that Suzie Whitson has decided to begin production of her outdoor children's toy. Depreciation on cutting machines Required: Wages pald to painters 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 IUSTON direct materials (DM), direct labor (DL), or manufacturing overhead (MOH) and also identify cach of the preceding costs as varlable or fixed cost . Direct Materials 3. Determine the total cost for each of the following: b. Direct Labor Manufacturing Overhead d. Prime Cost Conversion Cus! . Tolal Product Cosi Total Period Cosi h. Total Variable Cost Total Fixed Cost a. C