Ohno Company specializes in manufacturing a unique model of bicycle helmet. The model is well accepted…

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Question “Ohno Company specializes in manufacturing a unique model of bicycle helmet. The model is well accepted…”

Ohno Company specializes in manufacturing a unique model of bicycle helmet. The model is well accepted by consumers, and the company has enough orders to keep the factory production at 10,000 helmets per month (80% of its full capacity). Ohno’s monthly manufacturing cost and other expense data are as follows. Rent on factory equipment $11,900 Insurance on factory building 2,330 Raw materials (plastics, polystyrene, etc.) 80,500 Utility costs for factory 990 Supplies for general office 330 Wages for assembly line workers 67,000 Depreciation on office equipment 840 Miscellaneous materials (glue, thread, etc.) 1,240 Factory manager’s salary 6,600 Property taxes on factory building 490 Advertising for helmets 14,500 Sales commissions 10,540 Depreciation on factory building 1,650

Prepare an answer sheet with the following column headings. Enter each cost item on your answer sheet, placing the dollar amount under the appropriate headings. Total the dollar amounts in each of the columns. Product Costs Cost Item Direct Materials Direct Labor Manufacturing Overhead Period Costs Rent on factory equipment $ $ $ $ Insurance on factory building Raw materials Utility costs for factory Supplies for general office Wages for assembly line workers Depreciation on office equipment Miscellaneous materials Factory manager’s salary Property taxes on factory building Advertising for helmets Sales commissions Depreciation on factory building $ $ $ $ LINK TO TEXT

Compute the cost to produce one helmet. (Round answer to 2 decimal places, e.g. 15.25.) Production cost per helmet $

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