View Policies Current Attempt in Progress Bell Company, a manufacturer of audio systems, started its production in October 2020. 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 material costs for an audio system will total $75 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 amounts to $5,700 per month. Indirect materials cost $6 per system. A supervisor was hired to oversee production; her monthly salary is $4,100 Factory janitorial costs are $1,500 monthly. Advertising costs for the audio system will be $9,100 per month. The factory building depreciation expense is $6,000 per year. Property taxes on the factory building will be $9,600 per year. (a) Your answer has been saved. See score details after the due date. Assuming that Bell manufactures, on average, 1,000 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 Direct Materials Manufacturing Overhead Cost Item Labor Raw materials $ 75000 $ $ Wages for workers 84000 Rent on equipment 5700 Indirect materials 6000 Factory supervisor's salary 4100 Janitorial costs 1500 Advertising Depreciation on factory building 500 Property taxes on factory building 800 $ 75000 $ 84000 $ 18600 Attempts: 1 of 1 used (a) Your answer has been saved. See score details after the due date. Assuming that Bell manufactures, on average, 1,000 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. Direct Materials Product Costs Direct Labor Manufacturing Overhead Period Costs $ 75000 $ $ $ 84000 5700 6000 4100 1500 9100 500 g 800 $ 75000 $ 84000 $ 18600 $ 9100 Attempts: 1 of 1 used (b) Compute the cost to produce one audio system. (Round answer to 2 decimal places, e.g. 15.25.) Production cost per system $ Save for Later Attempts: 0 of 1 used Submit