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Noteworthy, Inc., produces and sells small electronic keyboards. Assume that you have the following information...

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Accounting

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Noteworthy, Inc., produces and sells small electronic keyboards. Assume that you have the following information about Noteworthy's costs for the most recent month. Depreciation on factory equipment Depreciation on CEO's company car Speakers used in the keyboard Production supervisor's salary Glue and screws used in the keyboards Wages of persons who install the speakers Cost to run an ad on local radio stations Utilities for the factory Personnel manager's salary Wages of person who attaches legs to keyboards $ 800 100 1,100 2,800 370 3,000 600 1,200 2,500 1,950 Required: 1. Calculate the total product cost for Noteworthy, Total Production Cost 2. Calculate the prime cost for Noteworthy

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