Fletcher Adams has commenced business manufacturing fiberglass sailboards.

His budgeted costs for the current month are as follows:

Fiberglass And Resin

$12,000

Sailcloth

$3,500

Rigging And Fittings

$3,000

Production Wages

$10,000

Factory Rent

$2,500

Variable Factory Overhead

$500

Depreciation - Factory Equipment

$700

General Office Rent

$3,750

General Office Salaries

$2,050

Fletcher Adams accounts for all manufacturing costs as product costs.

Required:

Calculate the following budgeted totals for the month:

Prime Cost

Period Cost

Fixed Manufacturing cost

Variable Manufacturing Cost