okhtencesYour friend, Suzie Chang, 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 isJiffy Jet and costs for last month follow.Factory rentCompany advertisingWages paid to assembly workersDepreciation for salespersons' vehiclesScrewsUtilities for factoryAssembly supervisor's salarySandpaperPresident's salaryReq 1 and 2$ 3,1401,16030,8002,170Req 3505875Plastic tubingPaintSales commissionsFactory insuranceDepreciation on cutting machines2,190Wages paid to painters8,300Assume that Suzie Chang has decided to begin production of her outdoor children's toy.Required:1 & 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 fordirect materials (DM), direct labor (DL), or manufacturing overhead (MOH) and also identify each of the preceding costs as variable orfixed cost. Assumes that screws, sandpaper, and paint are not worth the effort to trace to specific units.3. Determine the total cost for each of the following:Determine the total cost for each of the following:3,7001355,1904,200220Complete this question by entering your answers in the tabs below.1,3201,090

Name: okhtencesYour friend, Suzie Chang, has designed a new type of outdoor
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: okhtencesYour friend, Suzie Chang, 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