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

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

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

Presented below is a list of costs and expenses usually incurred by Barnum Corporation, a manufacturer of furniture, in its factory.

Presented below is a list of costs and expenses usually incurred by Barnum Corporation, a manufacturer of furniture, in its factory.

Classify the below items into the following categories: (a) direct materials, (b) direct labor, and (c) manufacturing overhead.

		Item		Category
1.		Salaries for assembly line inspectors.		Period Costs Direct Materials Direct Labor or Manufacturing Overhead Direct Materials and Manufacturing Overhead
2.		Insurance on factory machines.		Direct Labor Direct Materials Manufacturing Overhead Direct Materials and Manufacturing Overhead
3.		Property taxes on the factory building.		Direct Labor Direct Materials Manufacturing Overhead Direct Materials and Manufacturing Overhead
4.		Factory repairs.		Direct Labor Direct Materials Manufacturing Overhead Direct Materials and Manufacturing Overhead
5.		Upholstery used in manufacturing furniture.		Direct Labor Direct Materials Manufacturing Overhead Direct Materials and Manufacturing Overhead
6.		Wages paid to assembly line workers.		Direct Labor Direct Materials Manufacturing Overhead Direct Materials and Manufacturing Overhead
7.		Factory machinery depreciation.		Direct Labor Direct Materials Manufacturing Overhead Direct Materials and Manufacturing Overhead
8.		Glue, nails, paint, and other small parts used in production.		Direct Labor Direct Materials Manufacturing Overhead Direct Materials and Manufacturing Overhead
9.		Factory supervisors’ salaries.		Direct Labor Direct Materials Manufacturing Overhead Direct Materials and Manufacturing Overhead
10.		Wood used in manufacturing furniture.		Direct Labor Direct Materials Manufacturing Overhead Direct Materials and Manufacturing Overhead