PA14 Classifying Costs, Calculating Total Costs; Identifying Impact of Misclassification [LO 1-4] Your friend, Suzie Whitson, has designed a new type of outdoor toy that helps children learn basic concepts such as colors, numbers, and shapes. Suzie's product will target two groups day care centers in warm climates and home school programs. Her company is Jiffy Jet and costs for last month follow Factory re Comparry advertising Wages paid to assembly workers Depreciation for salespersons' vehicles Screws Utilities for factory Assembly supervisor's salary s 3,150 140 30.200 2,190 570 840 3,640 200 5.030 4010 295 1,260 1.200 2030 7.800 President's salary Plastic tubng Paint Sales commissions Factory insurance Depreciation on cuting machines Wages paid to paiters Required: 1. Identify each of the preceding costs as either a product or a period cost. If the cost is a product cost, decide whether it is for direct materials (DM), direct labor (DL), or manufacturing overhead (MOH). (Select "NA" wherever necessary.) Factory rent Period Wages paid to assembly workers Utilities for factory Assembly supervisor's salary Plastic tubing Pairn Factory insurance Depreciation on cutting machines Wages paid to painters