Prime Cost and Conversion Cost Slapshot Company makes ice hockey sticks. Last week, direct materials (wood, paint, Kevlar, and resin) costing $24,000 were put into production. Direct labor of $28,000 (10 workers x 100 hours x $28 per hour) was incurred. Manufacturing overhead equaled $56,000. By the end of the week, the company had manufactured 3,300 hockey sticks. 1. Calculate the total prime cost for last week. 52,000 2. Calculate the per-unit prime cost. Round your answer to the nearest cent. 11.82 X per unit 3. Calculate the total conversion cost for last week. 80,000 X 4. Calculate the per-unit conversion cost. Round your answer to the nearest cent. 18.18 X per unit Feedback Check My Work 1. Prime costs consist of direct materials and direct labor. 2. Divide total prime costs by the number of units produced. 3. Conversion cost is the sum of direct labor and manufacturing overhead. 4. Divide total conversion costs by the number of units produced.