Your friend, Suzie Whitson, 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:

Factory rent $ $3,180$

Company advertising $1,080$

Wages paid to assembly workers $31,500$

Depreciation for salespersons$$ vehicles $2,190$

Screws $560$

Utilities for factory $890$

Assembly supervisor$$s salary $3,650$

Sandpaper $190$

President$$s salary $5,030$

Plastic tubing $4,100$

Paint $285$

Sales commissions $1,270$

Factory insurance $1,080$

Depreciation on cutting machines $2,190$

Wages paid to painters $8,300$

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: