Question: Please guide me the method to how to solve with answer Prime Cost and Conversion Cost Slapshot Company makes ice hockey sticks. Last week, direct


Please guide me the method to how to solve with answer



Prime Cost and Conversion Cost Slapshot Company makes ice hockey sticks. Last week, direct materials (wood, paint, Kevlar, and resin) costing $24,000 were put into production. Direct labor of $28,000 (10 workers x 100 hours x $28 per hour) was incurred. Manufacturing overhead equaled $55,000. By the end of the week, the company had manufactured 4,200 hockey sticks. 1. Calculate the total prime cost for last week. $:l 2. Calculate the per-unit prime cost. Round your answer to the nearest cent. 3. Calculate the total conversion cost for last week. $:l 4. Calculate the perunit conversion cost. Round your answer to the nearest cent. Total Product Cost and Per-Unit Product Cost Slapshot Company makes ice hockey sticks. Last week, direct materials (wood, paint, Kevlar, and resin) costing $26,000 were put into production. Direct labor of $20,000 (10 workers x 100 hours x $20 per hour) was incurred. Manufacturing overhead equaled $60,000. By the end of the week, the company had manufactured 9,000 hockey sticks. Required: 1. Calculate the total product cost for last week. 15:] 2. Calculate the per-unit cost of one hockey stick that was produced last week. Round your answer to the nearest cent. $:]per unit Direct Materials Used in Production Slapshot Company makes ice hockey sticks. On June 1, Slapshot had $43,000 of materials in inventory. During the month of June, the company purchased $129,000 of materials. On June 30, materials inventory equaled $52,000. Required: Calculate the direct materials used in production for the month of June. $
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