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Your friend, Suzie Chang, has designed a new type of outdoor toy that helps children learn basic concepts such as colors, numbers, and shapes.
Your friend, Suzie Chang, 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 rent Company advertising Wages paid to assembly workers Depreciation for salespersons' vehicles Screws Utilities for factory Assembly supervisor's salary Sandpaper President's salary Plastic tubing Paint Sales commissions Factory insurance Depreciation on cutting machines Wages paid to painters $3,070 1,120 30,400 2,170 510 8801 3,630 195 5,110 4,070 290 1,370 1,1201 2,020 7,700 Assume that Suzie Chang has decided to begin production of her outdoor children's toy and that screws, sandpaper, and paint are not worth the effort to trace to specific units. Required: Determine the total cost for each of the following: Complete this question by entering your answers in the tabs below. Req 3 Determine the total cost for each of the following: a. Direct materials b. Direct labor c. Manufacturing overhead d. Prime cost e. Conversion cost f. Total product cost g. Total period cost h. Total variable cost Total fixed cost Prev 2 of 3 Next >
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