Hayden Co. manufactures baseball caps that sell for $40 each. Each cap uses $14 in direct materials and $5 in direct labor per unit. Hayden has two activities: Cutting, which is applied at the rate of $5 per machine hour, and , Assembly which is applied at the rate of $25 per batch. This month, Hayden made 400 caps, using 1,000 machine hours in 40 batches. What is the total manufacturing cost for one cap?
Hayden Co. manufactures baseball caps that sell for $40 each. Each cap uses $14 in direct materials and $5 in direct labor per unit. Hayden has two activities: Cutting, which is applied at the rate of $5 per machine hour, and , Assembly which is applied at the rate of $25 per batch. This month, Hayden made 400 caps, using 1,000 machine hours in 40 batches. What is the total manufacturing cost for one cap?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Hayden Co. manufactures baseball caps that sell for $40 each. Each cap uses $14 in direct materials and $5 in direct labor per unit. Hayden has two activities: Cutting, which is applied at the rate of $5 per machine hour, and , Assembly which is applied at the rate of $25 per batch. This month, Hayden made 400 caps, using 1,000 machine hours in 40 batches. What is the total
$21
$8
$35
$6 < is this?
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON

Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education

Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education