II. Corriendo Company manufactures running shoes. For next year, Corriendo plans on producing 20,000 pairs...
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Accounting
II. Corriendo Company manufactures running shoes. For next year, Corriendo plans on producing 20,000 pairs of its most popular line and is budgeting the following costs:
| Direct materials | $225,000 |
| Direct labor | 135,000 |
| Overhead | 240,000 |
Required:
Round your answers to two decimal places.
1. Calculate the prime cost per pair of shoes: $
2. Calculate the conversion cost per pair of shoes: $
3. Calculate the total manufacturing cost per pair of shoes: $
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