Need help with body classification

apply managerial accounting principles to evaluate and manage costs related to your services within a costing system. In the first milestone of the project, you will determine and classify the costs necessary for opening your business. Scenario You plan to open a business manufacturing collars, leashes, and harnesses for pets. To begin, you will manufacture these in a standard style and size with plans to expand your range over the year. In a few weeks, you will present your company's financial strategy to some key investors. To begin creating your strategy, you need to consider and record all the costs associated with operating your business. You have decided to use the job order costing system. Prompt Use the given operational costs in the Milestone One Operational Costs Data Appendix Word Document to complete the first two tabs, "Cost Classification" and "Variable and Fixed Costs," in the Project Workbook Spreadsheet. Salary and Hiring Data - One collar maker, who will be paid $16.00 per hour and work 40 hours per week - One leash maker, who will be paid $16.00 per hour and work 40 hours per weck - One harness maker, who will be patid $17.00 per hour and work 40 hours per week - One reeeptionist, who will be paid $15.00 per hour and work 30 hours per week Other Costs - Rent: $750 per month; allocate based on square footage - High-tensile strength nylon webbing-\$12 per yard of webbing 3 collars per yard of webbing 02 leashes per yard of webbing - 2 harnesses per yard of webbing - Polyesterinylon ribbons- $9 per yard of ribbon 3 collars per yard of ribbon 02 leashes per yard of ribbon 2 harnesses per yard of ribbon - Buckles made of cast hardware- $0.50 per buckle 4 buckles used per collar - 3 buckles used per leash 8 buckles used per hamess - 3 industrial sewing machines at $3,300 each for a total of $9,900; depreciation is $165 per month (5-year life, zero salvage value) - Utilities and insurance: $600 per month; allocate based on square footage - Scissors, thread, cording: $1,200 - Price tags: $250 for 2,500 (\$0.10 cach) - Office supplies: $2,400 or $200 per month - Other business equipment: $2,000 - Loan payment of 5550 per month - Salary drawn of $500 per month INSTRUCTIONS: Putting an X in the appropriate spot, classify the costs as: Direct Material, Direct Labor, Overhead, or Period Costs. The Fixed and Variable cost classifications have been provided for you