your friend, suzie whitson, has designed a new type of outdoor toy


Your friend, Suzie Whitson, has designed a new type of outdoor toy that helps children learn basic concepts such as colors, numbers, and shapes. Suzie’s product will be targeted for two groups: day care centers in warm climates and home school programs for which few activity-intensive programs aim at toddlers’ developmental processes. Suzie has come to you for help in getting her idea off the ground. She has never managed a business before and is not sure what functions she will need to perform to make her venture successful.

Assume that Suzie Whitson has decided to begin production of her outdoor children’s toy. Her company is Jiffy Jet and costs for last month follow.


Factory rent $ 3,000
Company advertising 1,000
Wages paid to assembly workers 30,000
Depreciation for salespersons’ vehicles 2,000
Screws 500
Utilities for factory 800
Assembly supervisor’s salary 3,500
Sandpaper 150
President’s salary 5,000
Plastic tubing 4,000
Paint 250
Sales commissions 1,200
Factory insurance 1,000
Depreciation on cutting machines 2,000
Wages paid to painters 7,500
Note: It is believed that screws, sandpaper and paint are not worth the effort to trace to specific units.

Requirement 1:
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 for direct materials (DM), direct labor (DL), or manufacturing overhead (MOH). (Select “NA” wherever necessary.)


Factory rent
Company advertising
Wages paid to assembly workers
Depreciation for salespersons’ vehicles
Screws
Utilities for factory
Assembly supervisor’s salary
Sandpaper
President’s salary
Plastic tubing
Paint
Sales commissions
Factory insurance
Depreciation on cutting machines
Wages paid to painters

Requirement 2:
Determine the total cost for each of the following. (Omit the “$” sign in your response.)

a. Direct material $
b. Direct labor $
c. Manufacturing overhead $
d. Prime cost $
e. Conversion cost $
f. Total product cost $

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more