Slapshot Company makes ice hockey sticks. Last week, direct materials (wood, paint, Kevlar, and resin) costing $20,000 were put into production. Direct labor of $20,000 (10 workers x 100 hours x $20 per hour) was incurred.
Slapshot Company makes ice hockey sticks. Last week, direct materials
(wood, paint, Kevlar, and resin) costing $20,000 were put into production. Direct labor of $20,000 (10 workers x 100 hours x $20 per hour) was incurred. Manufacturing overhead equaled $58,000. By the end of the week, the company had manufactured 4,100 hockey sticks.
1. Calculate the total prime cost for last week.
$
2. Calculate the per-unit prime cost. Round your answer to the nearest cent.
$____per unit
3. Calculate the total conversion cost for last week.
$
4. Calculate the per-unit conversion cost. Round your answer to the nearest cent.
$_____per unit
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