Answer:
a.the direct material costs= $ 131,000
b. the direct labor cost= $ 86,000
c. the manufacturing overhead= $ 282,100
d. the total manufacturing cost= $ 499,100
e. the prime cost= $ 217,000
f. the conversion cost= $ 368,100
g. the total period cost== $ 165,000
Explanation:
a.The Direct Material Costs.
Fiber glass raw material $ 93,000
Binding raw materials $ 38,000
Direct material costs. $ 131,000
b. The Direct Labor Cost.
Wages of assembly workers $ 86,000
c. The Manufacturing Overhead.
Screws $ 1,100
Wages of snowboard painters $ 82,000
Wages for maintenance workers $ 37,000
Factory rent $ 48,000
Utilities for factory $ 15,000
Factory property taxes $ 12,000
Depreciation on production equipment $ 29,000
Production supervisor salary $ 58,000
The Manufacturing overhead $ 282,100
d. The Total Manufacturing Cost. = $ 131,000 +$ 86,000 + $ 282,100
= $ 499,100
e. The Prime cost = Direct Material + Direct Labor
= $ 131,000 +$ 86,000= $ 217,000
f. The Conversion Cost = Direct Labor + FOH
=$ 86,000 + $ 282,100
= $ 368,100
g. The Total Period Cost.
Period Costs= Non manufacturing Costs
= Sales manager salary $ 42,000+Advertising $ 123,000
= $ 165,000
