Tuesday 20 September 2016

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

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
$11,100
Insurance on factory building
1,810
Raw materials (plastics, polystyrene, etc.)
80,600
Utility costs for factory
910
Supplies for general office
380
Wages for assembly line workers
67,900
Depreciation on office equipment
870
Miscellaneous materials (glue, thread, etc.)
1,500
Factory manager’s salary
6,600
Property taxes on factory building
450
Advertising for helmets
14,100
Sales commissions
10,410
Depreciation on factory building
1,630
(a)
https://edugen.wileyplus.com/edugen/art2/common/pixel.gif
Your answer is correct.
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
$
Entry field with correct answer
$
Entry field with correct answer
$
Entry field with correct answer
$
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Insurance on factory building
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Raw materials
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Utility costs for factory
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Supplies for general office
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Wages for assembly line workers
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Depreciation on office equipment
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Miscellaneous materials
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Factory manager’s salary
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Property taxes on factory building
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Advertising for helmets
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Sales commissions
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Depreciation on factory building
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
Entry field with correct answer
$
Entry field with correct answer
$
Entry field with correct answer
$
Entry field with correct answer
$
Entry field with correct answer


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