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 $ 3,010 Company advertising 1,180 Wages paid to assembly workers 32,000 Depreciation for salespersons vehicles 2,180 Screws 585 Utilities for factory 880 Assembly supervisors salary 3,590 Sandpaper 140 Presidents salary 5,080 Plastic tubing 4,160 Paint 225 Sales commissions 1,380 Factory insurance 1,120 Depreciation on cutting machines 2,170 Wages paid to painters 7,900 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: