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I need help figuring Product Costs (direct materials, direct labor, manufacturing overhead, & period costs) using the information below... XYZ Company specializes in manufacturing a
I need help figuring Product Costs (direct materials, direct labor, manufacturing overhead, & period costs) using the information below... XYZ 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 10k helmets per month (80% of it's full capacity). XYZ's monthly manufacturing cost and other expense data are as follows: Rent on factory equipment $12k, insurance on factory building $2100, raw materials $80,100, utility cost for factory $1k, supply for general office $400, wage for assembly workers $59k, depreciation on office equipment $900, miscellaneous materials $1500, managers salary $5900, tax on building $500, Advertising exp $14500, sales commission $10800, depreciation on factory building $1600
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