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Chairs R Us Inc. makes beach chairs to sell to beach stores. During this past year Chairs R Us Inc. had the following costs when
Chairs R Us Inc. makes beach chairs to sell to beach stores. During this past year Chairs R Us Inc. had the following costs when they produced 1,000,000 beach chairs. Based on the chart below, answer the questions in the cell highlighted. You must use formulas to "show" your work for full credit. Use cell references where applicable rather than typing numbers. This is an individual project, cheating of any kind will result in an academic integrity violation. You may use class resources only! Utilities in the factory Lubricants used in factory maintenance Fabric used to make the chair Depreciation on factory plant and equipment Depreciation on headquarters furniture Sales Commision Executive Salaries Factory maintenance workers' wages Wages of employees assembling the chairs Metal used in the chair base Utilties in headquarters Glue used in assembly of the chairs Plastic used to make beach chair arms Nylon used to make strap for carrying beach chair Factory supervisor's salaray $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 765,000 12,100 4,500,000 830,000 420,000 2,000,000 12,300,000 240,000 2,450,000 6,120,000 678,000 33,000 2,350,000 1,250,000 480,000 1. What is the total direct materials cost? - 2. What is the total direct labor cost? - 3. What is the total manufacturing overhead cost? 4. What is total product cost? 5. What is total period cost? 6. What is total prime cost? 5 5 7. What is the direct material cost on a per chair basis? 7 8. What would be the total direct material cost if the company 3 sold 1,250,000 beach chairs instead? 9. If depreciation of factory plant and equipment is considered a fixed cost, what would be total depreciation of factory plant and equipment if 1,500,000 chairs were sold? 9. If depreciation of factory plant and equipment is considered a fixed cost, what would be total depreciation of factory plant and equipment if 1,500,000 chairs were sold? 10. What is sales commission per chair sold
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