Product/ Period Cost Classifications: Manufacturing Nonmanufacturing MOH Fixed / Variable Fixed Fixed MOH MOH Fixed MOH Fixed Fixed MOH Fixed Fixed MOH MOH MOH MOH Fixed Fixed Fixed Fixed MOH Account Equipment depreciation: Molding Equipment depreciation: Fabrication Equipment depreciation: Assembly Equipment depreciation: Materials Handling Equipment depreciation: Other Production suprvision: Molding Production supervision: Fabrication Production supervision: Assembly Indirect labor: Maintenance & Repairs Indirect labor: Materials Handling Indirect labor: Engineering Indirect labor: Raw Materials Purchasing Indirect labor: Quality Control Indirect labor: Packaging & Shipping Indirect materials: Molding Indirect materials: Fabrication Indirect materials: Assembly Utilities: Molding Utilities: Fabrication Utilities: Assembly Utiltiies: Plant lighting and other equipment Utilities: Heating and cooling Property insurance Liability insurance Medical insurance Workers' compensation insurance Other salaries: Plant manager Other salaries: Accounting Other salaries: Administrative support Other salaries: Janitorial Other salaries: Security and grounds maintenance Property taxes Payroll taxes. Direct labor Product Product Product Product Product Product Product Product Product Product Product Product Product Product Product Product Product Product Product Product Product Fixed Fixed Fixed Amount 400,000 300,000 50,000 15,000 10,000 60,000 65,000 58,000 72,000 68,000 170,000 93,000 38,000 99,000 18,000 13,000 8,000 24,000 20,000 6,000 12,000 24,000 26,000 18,000 45,000 13,000 165,000 89,000 56,000 48,000 44,000 18,000 79.000 $ $ $ $ $ $ $ $ $ $ $ $ $ $ S $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ S MOH MOH MOH MOH MOH MOH MOH MOH Variable Variable Variable Variable Variable Variable Fixed Fixed MOH MOH MOH Product MOH MOH Product MOH Product Product Product Product MOH MOH MOH Fixed Fixed Fixed Fixed Fixed Fixed Fixed Fixed MOH Product Product Product MOH MOH Product Product Product MOH MOH MOH Fixed Fixed Variable $ $ Direct materials Direct labor Accounting manager's salary Administrative office insurance Advertising Depreciation on office equipment Heat & electricity for the general office Janitorial services for administrative offices Salaries of accounts receivable/payable clerks Sales commissions Sales manager's salary Supplies for administrative office Customer billing supplies Variabl Variab! Fixed Fixed Fixed Fixed $ $ $ $ S 2,220,000 1,365,000 88,000 2,000 400,000 15,000 4,000 26,000 78,000 480,000 120,000 1,000 2,000 Product Product Period Period Period Period Period Period Period Period Period Period Period Direct materials Direct labor Administrative Administrative Selling Administrative Administrative Administrative Administrative Selling Selling Administrative Administrative S $ Fixed Fixed Fixed Variable Fixed $ S S $ Fixed Variable Crispin Company Traditional Format Income Statement 8,000,000 8,000,000 Sales Cost of goods sold Gross margin Setting and administrative expenses Selling Administrative Net operating income 00 8.000.000 Crispin Company Contribution Format Income Statement Sales 8,000,000 Variable expenses Cost of goods sold Variable selling Variable administrative $ -00 Contribution margin $ 8,000,000 Fixed expenses Fixed manufacturnig overhead Fixed setting Fixed administrative $ 00 Net operating income $ 8.000.000 Auto-Calc Calculate the company's total variable costs and total fixed costs. The total variable costs are The total fixed costs are Calculate the portions of the total variable costs that would be classified as product costs and period costs. The total variable product costs are The total variable period costs are Calculate the portions of the total fixed costs that would be classified as product costs and period costs. The total fixed product costs are The total fixed period costs are