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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Scottso Enterprises builds snowboards. Scottso Enterprises has reported the following costs for the previous year. Assume no production inventories.
| Â | Â | Â |
| Â Â Cost of fiberglass (raw material) | $ | 81,000 |
| Â Â Factory rent | $ | 44,000 |
| Â Â Advertising | $ | 129,000 |
| Â Â Utilities for factory | $ | 28,000 |
| Â Â Wages of assembly workers | $ | 100,000 |
| Â Â Production supervisor salary | $ | 60,000 |
| Â Â Sales manager salary | $ | 43,000 |
| Â Â Factory property taxes | $ | 17,000 |
| Â Â Depreciation on production equipment | $ | 32,000 |
| Â Â Cost of bindings (raw material) | $ | 24,000 |
| Â Â Screws | $ | 1,400 |
| Â Â Wages of snowboard painters | $ | 71,000 |
| Â Â Wages for maintenance workers | $ | 47,000 |
| Â | ||
| a. | Compute the direct material costs. (Omit the "$" sign in your response.) |
| Â Â Direct material costs | $ |
| b. | Compute the direct labor cost. (Omit the "$" sign in your response.) |
| Â Â Direct labor cost | $ |
| c. | Compute the manufacturing overhead. (Omit the "$" sign in your response.) |
| Â Â Manufacturing overhead | $ |
| d. | Compute the total manufacturing cost. (Omit the "$" sign in your response.) |
| Â Â Total manufacturing cost | $ |
| e. | Compute the prime cost. (Omit the "$" sign in your response.) |
| Â Â Prime cost | $ |
| f. | Compute the conversion cost. (Omit the "$" sign in your response.) |
| Â Â Conversion cost | $ |
| g. | Compute the total period cost. (Omit the "$" sign in your response.) |
| Â Â Total period cost | $ |
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