Your friend, Suzie Whitson, has designed a new type of outdoor toy that helps children learn basic concepts such as colors, numbers, and shapes. Suzle'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 Nages paid to assembly workers Depreciation for salespersons' vehicles Screws Utilities for factory Ansembly supervisor's salary Sandpaper President's salary Plastic tubing Paint $ 3,180 1,150 31,300 2,030 520 890 3,620 175 5,070 4,140 Sales commissione Factory insurance Depreciation on cutting machines Wages paid to painters 280 1,300 1,040 2,020 7,600 Assume that Suzie Whitson has decided to begin production of her outdoor children's 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: Req 1 and 2 Req 3 Da 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 variable or fixed cost. (Select "NA" wherever necessary.) direct materials (DM), direct labor (DL), or manufacturing overhead (MOH) and also identify each of the preceding costs as Factory rent Company advertising Costs 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 Type of cost Cost head Cost classification Period Product Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 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. (Select "NA" wherever necessary.) Factory rent Costs 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 Type of cost Cost head Cost classification DL DM MOH NA www Req 1 and 2 Req 3 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. (Select "NA" wherever necessary.) Factory rent Costs 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 Type of cost Cost head Cost classification Fixed Variable Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Determine the total cost for each of the following: a. Direct Materials b. Direct Labor C. d. Manufacturing Overhead Prime Cost e. Conversion Cost f Total Product Cost g. Total Period Cost h Total Variable Cost Total Fixed Cost