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costs into compute P19.1 (LO 2) Rhie Helmets specializes in manufacturing a unique model of bicycle helmet. The is well accepted by consumers, and the
costs into compute P19.1 (LO 2) Rhie Helmets specializes in manufacturing a unique model of bicycle helmet. The is well accepted by consumers, and the company has enough orders to keep the factory prod at 10,000 helmets per month (80% of its full capacity). Rhie's monthly manufacturing cost and expense data are as follows (amounts are in thousands). W11,000 1,500 Rent on factory equipment Insurance on factory building Raw materials (plastics, polystyrene, etc.) Utility costs for factory Supplies for general office Wages for assembly line workers Depreciation on office equipment Miscellaneous materials (glue, thread, etc.) Factory manager's salary Property taxes on factory building Advertising for helmets Sales commissions Depreciation on factory building 75,000 900 300 58,000 800 1.100 5.700 400 14,000 10,000 1,500 Instructions 2. Prepare an answer sheet with the following column headings. Cost Direct Materials Product Costs Direct Manufacturing Labor Overhead Item Period Costs Enter each cost item on your answer sheet, placing the amount under the appropriate headings. Total the amounts in each of the columns. b. Compute the cost to produce one helmet
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