Your friend, Suzie Whitson, 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	$	3,020
Company advertising		1,090
Wages paid to assembly workers		31,400
Depreciation for salespersons vehicles		2,050
Screws		560
Utilities for factory		885
Assembly supervisors salary		3,640
Sandpaper		195
Presidents salary		5,140
Plastic tubing		4,140
Paint		205
Sales commissions		1,370
Factory insurance		1,110
Depreciation on cutting machines		2,060
Wages paid to painters		7,950

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

Required: 1 and 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. 3. Determine the total cost for each of the following:

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
i.	Total Fixed Cost