Slapshot Company makes ice hockey sticks. Last week, direct materials (wood, paint, Kevlar, and resin) costing...
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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 $20,000 (10 workers x 100 hours x $20 per hour) was incurred. Manufacturing overhead equaled $55,000. By the end of the week, the company had manufactured 3,200 hockey sticks. 1. Calculate the total prime cost for last week. $ 2. Calculate the per-unit prime cost. Round your answer to the nearest cent. $ per unit 3. Calculate the total conversion cost for last week. $ 4. Calculate the per-unit conversion cost. Round your answer to the nearest cent. $ per unit 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 $20,000 (10 workers x 100 hours x $20 per hour) was incurred. Manufacturing overhead equaled $55,000. By the end of the week, the company had manufactured 3,200 hockey sticks. 1. Calculate the total prime cost for last week. $ 2. Calculate the per-unit prime cost. Round your answer to the nearest cent. $ per unit 3. Calculate the total conversion cost for last week. $ 4. Calculate the per-unit conversion cost. Round your answer to the nearest cent. $ per unit
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