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Noteworthy, Inc., produces and sells small electronic keyboards. Assume that you have the following information about Noteworthy's costs for the most recent month.
Depreciation on factory equipment $ 800Depreciation on CEO's company car 100Speakers used in the keyboard 1,100Production supervisor's salary 2,200Glue and screws used in the keyboards 370Wages of persons who install the speakers 2,800Cost to run an ad on local radio stations 600Utilities for the factory 1,200Personnel manager's salary 2,500Wages of person who attaches legs to keyboards 1,9501. Calculate the total product cost for Noteworthy.
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