Waterway, Inc., manufactures clamps used in the overhead bin latches of several leading airplane models. Gary...

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Waterway, Inc., manufactures clamps used in the overhead bin latches of several leading airplane models. Gary King, president of Waterway, Inc., has gathered the following cost information from the company's accounting records for the latest month of operations. Advertising $25,000 Fire insurance premium for the factory building $6,250 Sales office utilities $2,500 Air filters for the buffing machines used to produce the clamps $1,875 Aluminum used to produce the clamps $39,000 Rent on the factory building $9,000 Freight to ship the clamps to customers $3,125 Sales department executives' salaries $42,500 Production supervisors' salaries $21,500 Assembly line workers' wages $63,000 (a) Calculate the total period costs for the month. Total period costs $ (b) Calculate the total product costs for the month. Total product costs $ (c) Calculate the amount of manufacturing overhead incurred for the month. Manufacturing overhead incurred $ eTextbook and Media Waterway, Inc., manufactures clamps used in the overhead bin latches of several leading airplane models. Gary King, president of Waterway, Inc., has gathered the following cost information from the company's accounting records for the latest month of operations. Advertising $25,000 Fire insurance premium for the factory building $6,250 Sales office utilities $2,500 Air filters for the buffing machines used to produce the clamps $1,875 Aluminum used to produce the clamps $39,000 Rent on the factory building $9,000 Freight to ship the clamps to customers $3,125 Sales department executives' salaries $42,500 Production supervisors' salaries $21,500 Assembly line workers' wages $63,000 (a) Calculate the total period costs for the month. Total period costs $ (b) Calculate the total product costs for the month. Total product costs $ (c) Calculate the amount of manufacturing overhead incurred for the month. Manufacturing overhead incurred $ eTextbook and Media