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Please help answer the following Accounting Tools for Business 6- Saved PROBLEMS: SET A P14-1A Ohno Company specializes in manufacturing a unique model of bicycle
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Accounting Tools for Business 6- Saved PROBLEMS: SET A P14-1A 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. Classify manfacturing costs into different catogories and compute the unit cost LO 21, AP Rent on factory equipment Insurance on factory buikding Raw materials (plastics, polystyrene, etc.) Utility costs for factory Supplies for general offices 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 $11.000 1,500 75,000 900 300 58.000 800 1,100 5,700 400 14,000 10,000 1,500 Depreciation on factory building 739 Problems: Set A Instructions (a) Prepare an answer sheet with the following column headings la DM $75,000 DL $58,000 MO $22,100 PC $25,100 Product Costs Manufacturing Overhead Period Cost Direct Direct Materials Labor Item Costs Enter each cost item on your answer sheet, placing the dollar amount under the appro- priate headings. Total the dollar amounts in each of the columns. (b) Compute the cost to produce one helmet
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