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Metlock Company specializes in manufacturing a unique model of bicycle helmet. The model is well accepted by consumers, and the company has enough orders to

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Metlock 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). Metlock's monthly manufacturing costs and other expense data are as follows $11,000 2.420 Rent on factory equipment Insurance on factory building Raw materials used (plastics, polystyrene, etc.) Utility costs for factory Supplies used for general office 83.200 970 390 Wages for assembly line worker's 58.200 Depreciation on office equipment 850 1390 6.200 Miscellaneous materials used iglue thread, etc.) Factory manager's salary Property taxes on factory building Advertising for helmets 460 14,700 Sales commissions 10.630 Depreciation on factory building 1660 X Your answer is incorrect. Compute the cost to produce one helmet. (Round answer to 2 decimal places, eg. 15.25.) Production cost per helmet $ 150

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