Calculate the total prime cost for last week

Assignment Help Accounting Basics
Reference no: EM13529297

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 $40,000 (20 workers x 100 hours x $20 per hour) was incurred. Manufacturing overhead equaled $56,000. By the end of the week, the company had manufactured 4,000 hockey sticks.

Required:

Calculate the total prime cost for last week. Calculate the per-unit prime cost. Also calculate the total conversion cost for last week. Calculate the per-unit conversion cost.

Reference no: EM13529297

Questions Cloud

Why is meiosis called a nuclear reduction division process : Chromosomes line up in the middle of the cell during what phaseof the cell cycle? When is DNA replicated in the cell cycle? Why is meiosis called a nuclear reduction division process?
Elements of the annual cost of the truck operation : Using the high-low method, estimate the variable and fixed cost elements of the annual cost of the truck operation - Express the variable and fixed costs in the form Y = a + bX.
Obtain the magnitude of the passengers acceleration : A Ferris wheel with radius 14.0 is turning about a horizontal axis through its center, What is the magnitude of the passenger's acceleration as she passes through the lowest point in her circular motion
Enzymes that catalyze hydrolysis of peptide bonds : Trypsin and elastase are both enzymes that catalyze hydrolysis of peptide bonds. But trypsin only cuts next to lysine, and elastase only cuts next to alanine.Why?
Calculate the total prime cost for last week : Calculate the total prime cost for last week. Calculate the per-unit prime cost. Also calculate the total conversion cost for last week. Calculate the per-unit conversion cost.
The tendency for na+ to move into the cell is due : The tendency for Na+ to move into the cell is due to
Which molecule binds to the active site of an enzyme : Which molecule binds to the active site of an enzyme?
Find the minimum angle at which the box starts to slip : A box of textbooks of mass 25.9kg rests on a loading ramp that makes an angle \alpha with the horizontal. find the minimum angle at which the box starts to slip
What is the total mass of the hummer : An unloaded Hummer has a standard ground clearance of 40cm, and an unloaded mass of 2000kg. What is the total mass of the hummer

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd