Milton Manufacturing builds custom wooden cabinets. Milton Manufacturing has reported the following costs for the previous year. Assume no production inventories. Advertising $ 60,000 Cost of hardware (slides, handles, etc.) $ 35,000 Cost of wood $ 110,000 Depreciation on production equipment $ 50,000 Factory property taxes $ 12,000 Factory rent Glue $ 72,000 $ 3,800 Production supervisor salary $ 40,700 Sales manager salary $ 41,600 Utilities for factory $ 20,500 Wages for maintenance workers $ 31,800 Sales manager salary $ 41,600 $ 20,500 Utilities for factory Wages for maintenance workers $ 31,800 Wages of assembly workers $ 90,000 Wages of finishing workers Compute the following: 1. Direct material costs 2. Direct labor cost 3. Manufacturing overhead 4. Total manufacturing cost 5. Prime cost 6. Conversion cost 7. Total period cost $ 70,000