Randy Inc. produces and sells tablets. The company incurred the following costs for the May Advertising cost for monthly television ads
Attachable keyboard
Insurance for delivery truck
Factory supervisor's salary
Marketing manager's salary
Assembly worker wages
Miscellaneous soldering material used to seal case
Hourly wages for factory security guard
CEO's salary
Speakers
$ 8,000
22,000
800
4,100
3,800
35,000
1,600
2,750
8,500
5,750
Required:
Determine each of the following:
1. Direct material
2. Direct labor
3. Manufacturing overhead
4. Total manufacturing cost
5. Total period cost
6. Total variable cost
7. Total fixed cost