Problem 14-1A 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 Insurance on factory building Raw materials (plastics, polystyrene, etc.) Utility costs for factory Supplies for general office Supping for wo Wages for assembly line workers w Depreciation on office equipment Miscellaneous materials (glue, thread, etc.) Factory manager's salary Property taxes on factory building Advertising for helmets Sales commissions Depreciation on factory building $11,400 1,740 80,500 980 320 65,700 20 830 1,400 6,600 420 14,600 10,950 1,640
Problem 14-1A 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 Insurance on factory building Raw materials (plastics, polystyrene, etc.) Utility costs for factory Supplies for general office Supping for wo Wages for assembly line workers w Depreciation on office equipment Miscellaneous materials (glue, thread, etc.) Factory manager's salary Property taxes on factory building Advertising for helmets Sales commissions Depreciation on factory building $11,400 1,740 80,500 980 320 65,700 20 830 1,400 6,600 420 14,600 10,950 1,640
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Problem 14-1A
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
Insurance on factory building
Raw materials (plastics, polystyrene, etc.)
Utility costs for factory
Supplies for general office
Supping for wo
Wages for assembly line workers
w
Depreciation on office equipment
Miscellaneous materials (glue, thread, etc.)
Factory manager's salary
Property taxes on factory building
Advertising for helmets
Sales commissions
Depreciation on factory building
$11,400
1,740
80,500
980
320
65,700
20
830
1,400
6,600
420
14,600
10,950
1,640](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdead88a2-0ef7-48c9-8d78-426ba1780967%2Fcb1ca75e-4b3b-4b9c-aed7-91212053d22a%2Fchxeryf_processed.png&w=3840&q=75)
Transcribed Image Text:Problem 14-1A
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
Insurance on factory building
Raw materials (plastics, polystyrene, etc.)
Utility costs for factory
Supplies for general office
Supping for wo
Wages for assembly line workers
w
Depreciation on office equipment
Miscellaneous materials (glue, thread, etc.)
Factory manager's salary
Property taxes on factory building
Advertising for helmets
Sales commissions
Depreciation on factory building
$11,400
1,740
80,500
980
320
65,700
20
830
1,400
6,600
420
14,600
10,950
1,640
![Cost Item
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
$
$
Direct
Materials
$
Product Costs
Direct
Labor
$
Manufacturing
Overhead
Period
Costs](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdead88a2-0ef7-48c9-8d78-426ba1780967%2Fcb1ca75e-4b3b-4b9c-aed7-91212053d22a%2Fmh0xkti_processed.png&w=3840&q=75)
Transcribed Image Text:Cost Item
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
$
$
Direct
Materials
$
Product Costs
Direct
Labor
$
Manufacturing
Overhead
Period
Costs
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