Little Giant, Inc. has a specialty manufacturing department that produces tiger traps that don't kill the tiger, but totally humiliates it. Costs involved in producing 1 tiger trap are as follows: Direct material = $19.92 Indirect material = $8.88 Direct Labor = 4 hours per trap Little Giant has 4 employees directly and indirectly involved in the process. 1) Fred O'Franklin is the executive over the entire division. Salary $10,000 per month 2) Wally Wabash is the division supervisor. Salary $8,000 per month. 3) Danny Depauw is the assembly worker. Wages $8.50 per hour (All direct labor) 4) Henry Hanover is the custodian that sweeps and mops up the floors. Wage is $7.25 per hour and he averages 25 hours per week. During April of 2019 Little Giant, Inc. produced 400 Tiger Traps. Determine the following: 1) Direct Material Costs 2) Direct Labor Costs 3) Assuming Fred, Wally and Henry's wages are all indirect labor costs, compute the total Factory Overhead for the year. 4) if the overhead application rate is based on direct labor dollars, compute the predetermined overhead rate. 5) Determine the Total Cost of Goods sold for the 400 Tiger Traps and the total sales if they sold for $500 each 6) Given the information in #5, should Little Giant continue to produce the Tiger Traps? Why or why not