Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger

تمرين 28

Use the following information for Cornerstone Exercise:
Slapshot Company makes ice hockey sticks. Last week, direct materials (wood, paint, Kevlar, and resin) costing $24,000 were put into production. Direct labor of $20,000 (10 workers × 100 hours × $20 per hour) was incurred. Manufacturing overhead equaled $56,000. By the end of the week, the company had manufactured 4,000 hockey sticks.
Total Product Cost and Per-Unit Product Cost
Refer to the information for Slapshot Company above.
Required:
1. Calculate the total product cost for last week.
2. Calculate the per-unit cost of one hockey stick that was produced last week.