8. Mazoon Company specializes in manufacturing motorcycle helmets. the company has enough orders to keep the factory production at 1,000 motorcycle helmets per month. Mazoon's monthly manufacturing cost and other expense data are as follows. Maintenance costs on factory building Factory manager's salary Advertising for helmets Sales commissions Depreciation on factory building Rent on factory equipment Insurance on factory building Raw materials (plastic, polystyrene, etc.) 19000 Utility costs for factory Supplies for general office Wages [or assembly line workers Depreciation on office equipment Miscellaneous materials (glue, thread, 1900 etc.) 500 3000 7000 2000 600 5000 2000 700 100 43000 400 a) Prepare an answer with the following heading Enter each cost item on your answer sheet totalling the amount in each column. b) Compute the cost to produce 1 helmet Product Costs Cost Item Direct Material Direct Labor Manuf. Overhead Period Cost

8. Mazoon Company specializes in manufacturing motorcycle helmets. the company has enough orders to keep the factory production at 1,000 motorcycle helmets per month. Mazoon's monthly manufacturing cost and other expense data are as follows. Maintenance costs on factory building Factory manager's salary Advertising for helmets Sales commissions Depreciation on factory building Rent on factory equipment Insurance on factory building Raw materials (plastic, polystyrene, etc.) 19000 Utility costs for factory Supplies for general office Wages [or assembly line workers Depreciation on office equipment Miscellaneous materials (glue, thread, 1900 etc.) 500 3000 7000 2000 600 5000 2000 700 100 43000 400 a) Prepare an answer with the following heading Enter each cost item on your answer sheet totalling the amount in each column. b) Compute the cost to produce 1 helmet Product Costs Cost Item Direct Material Direct Labor Manuf. Overhead Period Cost

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Cc.70.
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