Your friend, suzie whitson, has designed a new type of outdoor toy that 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 $ 3,110company advertising 1,070wages paid to assembly workers 31,700depreciation for salespersons’ vehicles 2,150screws 560utilities for factory 820assembly supervisor’s salary 3,600sandpaper 195president’s salary 5,180plastic tubing 4,130paint 210sales commissions 1,310factory insurance 1,120depreciation on cutting machines 2,120wages paid to painters 7,500
required:
1. identify each of the above 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) select "na" wherever necessary.)