Question 14 A company manufactures basketball hoops. Compute the total amount of conversion costs from...
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Question 14 A company manufactures basketball hoops. Compute the total amount of conversion costs from the following costs. (Hint: recall that prime costs = DM + DL and conversion costs = DL + MOH. Begin by labeling each item as DM, DL, and MOH. If it is DM, it is not included in the conversion cost.) a. Metal for rims, $12,000 b. Indirect materials, $5,000 c. Fiberglass backboards, $14,000 d. Insurance on the factory, $8,000 e. Assembly worker wages, $20,000 f. Assembly supervisor salary, $9,000 g. Factory utilities, $4,000 h. Nets, $5,000 1 Point i. Assembly worker benefits, $6,000
A company manufactures basketbali hoops. Compute the total amount of conversion costs fram the following costs. (Hint: recall that prime costs =DM+DL and conversion costs =OL+MOH. Begin by labeling each item as DM, DL, and MOH. If it is DM, it is not included in the corversion cost) a. Metal for rims. $12,000 b. Indirect moterials, $5,000 c. Aberglass backboards, 514,000 d. Insurance on the focjory, $8,000 e. Assembly worker wagks, 320,000 f. Assembly supervisor salary, $9.000 B. Factory utaities, $4,000 h. Nets. $5,000 i. Assembly worker benefiss, $6,000 $26,000 $46,000 $17,000 $33,000 $52,000
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