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Compute the cost to produce one basketball goal system cost

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Reference no: EM131809862

Problem

Echo Sports Company produces home basketball goal systems consisting of a stand, backboard, rim, and net. The company has sufficient orders and capacity to produce 800 goal systems per month. Manufacturing costs and other costs are shown below:

Administrative salary

2,400.00

Depreciation on office equipment

400.00

Depreciation on production equipment

1,800.00

Electric and other factory utilities

1,400.00

Factory supervisor salary

2,000.00

Fiberglass backboards purchased from another manufacturer

30,400.00

Insurance on factory building and contents

600.00

Maintenance costs on factory equipment

1,200.00

Nets and rims purchased from another manufacturer

6,400.00

Rent on factory building

2,000.00

Sales commissions

1,600.00

Steel pipe for stand fabrication

14,920.00

Supplies for administrative office

600.00

Wages for production workers

14,720.00

80,440.00

Enter each manufacturing cost in the appropriate column.

Leave blank if it does not fil in any column.

Direct Materials

Direct Labor

Manufacturing Overhead

Administrative salary


Depreciation on office equipment


Depreciation on production equipment


Electric and other factory utilities


Factory supervisor salary


Fiberglass backboards purchased from another manufacturer


Insurance on factory building and contents


Maintenance costs on factory equipment


Nets and rims purchased from another manufacturer


Rent on factory building


Sales commissions


Steel pipe for stand fabrication


Supplies for administrative office


Wages for production workers


Totals

-

-

-

Compute the cost to produce 1 basketball goal system cost per unit.

Reference no: EM131809862

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