Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

courses/49804/assignments/5632038 Ohno Company specializes in manufacturing a unique model of bicycle helmet. The model is well accepted by consumers, and the company has enough orders

image text in transcribed
image text in transcribed
image text in transcribed
courses/49804/assignments/5632038 Ohno Company specializes in manufacturing a unique model of bicycle helmet. The model is well accepted by consumers, and the company has enough orders to keep the factory production at 10,000 helmets per month (80% of its full capacity).Ohno's monthly manufacturing cost and other expense data are as follows. $11,500 1,700 77.100 900 400 59,700 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 900 1,500 6,400 500 14,500 10.900 1,700 9:54 PM 6/14/2020 # a OBH TOUCLUSES ... Cost Item Direct Materials Direct Labor Manufacturing Overhead Rent on factory equipment $ $ i 11.500 . i 1.780 80,800 i 920 59,700 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 1.470 6.200 420 1,640 Depreciation on factory building $ 80,800 $ 59,700 $ 23,930 9:54 PM 6/14/2020 o RI e Textbook and Media Your answer is incorrect. Compute the cost to produce one helmet. (Round answer to 2 decimal places, e.g. 15.25.) Production cost per helmet $ e Textbook and Media Attempts: 1 of 3 used Submit Answer Save for Later Last saved 37 minutes ago. Saved work will be auto-submitted on the due date. 9:54 6/14 DOLL

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting For Clarion University Of Pennsylvania

Authors: Ray H. Garrison

14th Edition

0077577515, 978-0077577513

More Books

Students also viewed these Accounting questions

Question

explain the need for human resource strategies in organisations

Answered: 1 week ago

Question

describe the stages involved in human resource planning

Answered: 1 week ago