Your friend, Suzie Chang, has designed a new type of outdoor toy that helps children...
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Your friend, Suzie Chang, 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 $ Company advertising Wages paid to assembly workers Depreciation for salespersons vehicles Screws Utilities for factory Assembly supervisors salary Sandpaper Presidents salary Plastic tubing Paint Sales commissions Factory insurance Depreciation on cutting machines Wages paid to painters Assume that Suzie Chang has decided to begin production of her outdoor childrens toy and that screws, sandpaper, and paint are not worth the effort to trace to specific units. Complete this question by entering your answers in the tabs below. Req Determine the total cost for each of the following: a Direct materials b Direct labor c Manufacturing overhead d Prime cost e Conversion cost f Total product cost g Total period cost h Total variable cost i Total fixed cost
Your friend, Suzie Chang, 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 $
Company advertising
Wages paid to assembly workers
Depreciation for salespersons vehicles
Screws
Utilities for factory
Assembly supervisors salary
Sandpaper
Presidents salary
Plastic tubing
Paint
Sales commissions
Factory insurance
Depreciation on cutting machines
Wages paid to painters
Assume that Suzie Chang has decided to begin production of her outdoor childrens toy and that screws, sandpaper, and paint are not worth the effort to trace to specific units.
Complete this question by entering your answers in the tabs below.
Req
Determine the total cost for each of the following:
a Direct materials
b Direct labor
c Manufacturing overhead
d Prime cost
e Conversion cost
f Total product cost
g Total period cost
h Total variable cost
i Total fixed cost
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