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Noteworthy, Inc., produces and sells small electronic keyboards. Assume that you have the following information about Noteworthys costs for the most recent month. Depreciation on

Noteworthy, Inc., produces and sells small electronic keyboards. Assume that you have the following information about Noteworthys costs for the most recent month.

Depreciation on factory equipment $ 850
Depreciation on CEO's company car 190
Speakers used in the keyboard 1,170
Production supervisor's salary 2,270
Glue and screws used in the keyboards 260
Wages of persons who install the speakers 2,840
Cost to run an ad on local radio stations 625
Utilities for the factory 1,250
Personnel manager's salary 2,580
Wages of person who attaches legs to keyboards 2,130
1. Calculate the total product cost for Noteworthy. 2. Calculate the prime cost for Noteworthy. 3. Calculate the manufacturing overhead for Noteworthy. 4. Calculate the direct labor for Noteworthy. 5. Calculate the conversion cost for Noteworthy. 6. Calculate the total variable cost (with number of units produced as the activity) for Noteworthy. 7. Calculate the total fixed cost (with number of units produced as the activity) for Noteworthy.

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