P1-1B (Only problems ending in A are in your book; B prob are only below) Agler Company specializes in manufacturing motorcycle helmets. The company has enough orders to keep the factory production at 1,000 motorcycle helmets per month. Agler's monthly factory cost and other expense data are shown below: Instructor Note: Factory Costs, Manufacturing Costs (Mfg) and Production Costs are synonyms. In this course the terms are used inter-changeably. Instructions: (a) Classify each item listed in col 1 into one of the four categories on the right by copying the amount from col 2 into ONE of the 4 columns on the right. Total each of the four "right" columns. (The 1st item "Maintenance costs on..." is an example - and yes it should be included in the Factory Overhead column total). (b) compute the Total production costs (c) computer the cost of ONE motorcycle helmet Col 2 Amount Direct Materials Product Costs Direct Factory Labor Overhead Period Costs 1,500 1,500 (a) Col 1 Cost Description Maintenance costs on factory Building Depreciation on office equipment Raw materials (plastic, polystyrene, etc.) Miscellaneous materials (glue, thread, etc.) 500 25,000 2,000 Copyright 2015 John Wiley & Sons, Inc. Weygandt, Financial and Managerial Accounting 2e, Solutions Manual (For Instructor Use Only) 15-3 54,000 200 5,500 8,000 4,000 Wages for assembly line workers Supplies for general office Factory manager's salary Advertising for helmets Sales commissions Depreciation on factory building Rent on factory equipment Insurance on factory building 3,000 Utility costs for factory Column Totals 700 6,000 3,000 800