Chapter 2, Problem 19BEA

Use the following information for Brief Exercises 2-19 and 2-20:

Slapshot Company makes ice hockey sticks. Last week, direct materials (wood, paint, Kevlar, and resin) costing $32,000 were put into production. Direct labor of $28,000 (10 workers × 200 hours × $14 per hour) was incurred. Manufacturing overhead equaled $60,000. By the end of the week, the company had manufactured 500 hockey sticks.

Brief Exercise 2-19 Total Product Cost and Per-Unit Product Cost

Refer to the information for Slapshot Company above.

Required:

1. 1. Calculate the total product cost for last week.
2. 2. Calculate the per-unit cost of one hockey stick that was produced last week.