Your friend, Suzie Chang, has designed a new type of outdoor toy that helps children learn basic concepts such as colors, numbers, and shapes. Suzies 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	$ 3,110
Company advertising	1,110
Wages paid to assembly workers	31,100
Depreciation for salespersons vehicles	2,140
Screws	580
Utilities for factory	890
Assembly supervisors salary	3,680
Sandpaper	185
Presidents salary	5,090
Plastic tubing	4,130
Paint	215
Sales commissions	1,330
Factory insurance	1,190
Depreciation on cutting machines	2,090
Wages paid to painters	7,700

Assume that Suzie Chang has decided to begin production of her outdoor childrens toy.

Required:

1 & 2. 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) and also identify each of the preceding costs as variable or fixed cost. Assumes that screws, sandpaper, and paint are not worth the effort to trace to specific units.

3. Determine the total cost for each of the following:

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. Assume that Suzie Chang has decided to begin production of her outdoor children's toy. Required: 1\& 2. 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) and also identify each of the preceding costs as variable or fixed cost. Assumes that screws, sandpaper, and paint are not worth the effort to trace to specific units. 3. Determine the total cost for each of the following: Complete this question by entering your answers in the tabs below. 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) and also identify each of the preceding costs as variable or fixed cost. Assumes that screws, sandpaper, and paint are not worth the effort to trace to specific units. Note: Select "NA" wherever necessary. Determine the total cost for each of the following