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	$	890
Depreciation on CEO's company car		230
Speakers used in the keyboard		1,290
Production supervisor's salary		2,390
Glue and screws used in the keyboards		270
Wages of persons who install the speakers		2,890
Cost to run an ad on local radio stations		660
Utilities for the factory		1,310
Personnel manager's salary		2,610
Wages of person who attaches legs to keyboards		2,020

Required:

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.

1.	Total Product Cost
2.	Prime Cost
3.	Manufacturing Overhead
4.	Direct Labor Cost
5.	Conversion Cost
6.	Total Variable Cost
7.	Total Fixed Cost