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Use the following information for Cornerstone Exercises 2-19 and 2-20: Slapshot Company makes ice hockey sticks. Last week, direct materials (wood, paint, Kevlar, and resin)

Use the following information for Cornerstone Exercises 2-19 and 2-20:

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 100 hours $20 per hour) was incurred. Manufacturing overhead equaled $56,000. By the end of the week, the company had manufactured 4,000 hockey sticks.

Cornerstone Exercise 2-20 Prime Cost and Conversion Cost Refer to the information for Slapshot Company above.

Required:

1. Calculate the total prime cost for last week.

2. Calculate the per-unit prime cost.

3. Calculate the total conversion cost for last week.

4. Calculate the per-unit conversion cost.

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