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Problem 14-2A Bell Gompany, a manufacturer of audio systems, started its production in October 2017. For the preceding 3 years, Bell had been a retailer
Problem 14-2A Bell Gompany, a manufacturer of audio systems, started its production in October 2017. For the preceding 3 years, Bell had been a retailer of audio systems. After a thorough survey of audio system markets, Bell decided to turn its retail store into an audio equipment factory. Raw materials cost for an audio system will total $77 per unit. Workers on the production lines are on average paid $14 per hour. An audio system usually takes 6 hours to complete. In addition, the rent on the equipment used to assemble audio systems amount to $5,140 per month. Indirect materials cast $7 per systern. A supervisor was hired to oversee productien; her monthly salary is $3,7BO Factory anitorial costs are $1,560 monthly. Adverts ng costs or the audio system will be8,62 per month. The factory building depredation expense $6,960 per year. Property taxes on the factory building will be $9,360 per year Assuming that Bell manufactures, on average, 1,590 audio systems per month, enter each cost item on your answer sheet, placing the dollar amount per month under the appropriate headings. Total the dollar amounts in each of the columns Product Costs Direct Materials Direct Labor Manufacturing Overhead Period Costs Cost Item Rew materials Wages for workers Rent on equipment Indirect materials Factary supervisor's salary Janitorial casts Advertising Depreciation on factory building Property taxes on factary bu lding Compute the cost to produce one audi system. (Round answer to 2 decimal places, e.g. 15.25.) Production cost per system s Click if you would like to Show Work for this question: Open Show Work
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