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		1,200
Wages paid to assembly workers		30,600
Depreciation for salespersons vehicles		2,050
Screws		565
Utilities for factory		875
Assembly supervisors salary		3,630
Sandpaper		115
Presidents salary		5,170
Plastic tubing		4,050
Paint		240
Sales commissions		1,380
Factory insurance		1,060
Depreciation on cutting machines		2,140
Wages paid to painters		7,650

2. Determine the total cost for each of the following:

Direct Materials

Direct Labor

Manufacturing Overhead

Prime Cost

Conversion Cost

Total Product COst