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Company X applies overhead to products using a pre-determined rate of $6 per direct labor hour. During 2021, X had following cost: Direct material purchased:

Company X applies overhead to products using a pre-determined rate of $6 per direct labor hour. During 2021, X had following cost:

Direct material purchased: 180,000

Direct labour: 195,000

Factory utilities: 37,000

Depriciation, office equip: 29,000

Advertising: 42,000

indirect labor: 16,000

Shipping goods to customers: 21,000

Property taxes, 33000

X inventory account for 2021 were:

Jan 1. Dec 31

Direct materials 69,000. 31,000

Work in progress: 42,000. 55,000

Finished goods: 28,000. 64,000

Direct labor workers are paid $15 per hour.

Calculate the prime cost for 2021

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