Question: Pictures are for part A. Part b asks to compute the cost of producing one helmet Ohno Company specializes in manufacturing a unique model of

Pictures are for part A. Part b asks to compute the cost of producing one helmet
 Pictures are for part A. Part b asks to compute the
cost of producing one helmet Ohno Company specializes in manufacturing a unique

Ohno Company specializes in manufacturing a unique model of bicycle helmet. The model is wel ccepted by at 10,000 helmets per month (80% of its full capacity). Ohno's monthly manufacturing cost and other expense data are as follows. Rent on factory equipment $12,100 Insurance on factory building 2,500 Raw materials (plastics, polystyrene, etc.) 77,700 Utility costs for factory 1,000 Supplies for general office 400 Wages for assembly line workers 66,400 Depreciation on office equipment 900 Miscellaneous materials (glue, thread, etc.) 1,500 Factory manager's salary 6,500 Property taxes on factory building 400 Advertising for helmets 14,700 Sales commissions 10,400 Depreciation on factory building 1,700 Enter each cost item on your answer sheet, placing the dollar amount under the appropriate headings. Total the dollar amounts in each of the columns Product Costs Direct Direct Manufacturing Period Cost Item Materials Labor Overhead Costs Rent on factory equipment 5 Insurance on factory building Raw materials Utility costs for factory Supplies for general office Wages for assembly ine workers Enter each cost item on your answer sheet, placing the dollar amount under the appropriate headings. Total the dollar amounts in each of the columns. Product Costs Direct Direct Manufacturing Period Cost Item Materials Labor Overhead Costs Rent on factory equipment $ $ $ Insurance on factory building Raw materials Utility costs for factory Supplies for general office Wages for assembly line workers Depreciation on office equipment Miscellaneous materials Factory manager's salary Property taxes on factory building Advertising for helmets Sales commissions Depreciation on factory building

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!