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Your friend, Suzie Chong, hos designed o new type of outdoor toy that helps children learn bosic concepts such os colors, numbers, and shapes. Suzie's

image text in transcribedimage text in transcribed Your friend, Suzie Chong, hos designed o new type of outdoor toy that helps children learn bosic concepts such os colors, numbers, and shapes. Suzie's product will terget two groups: doy care centers in warm climates and home school progroms. Her compony 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 eoch of the preceding costs s either o product or o period cost. If the cost is o product cost, decide whether it is for direct materials (DM), direct labor (DL), or monufacturing overhesd (MOH) and also identify eoch of the preceding costs as voriable or fixed cost. Assumes that screws, sandpoper, and paint are not worth the effort to troce to specific units. 3. Determine the totel cost for esch 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

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