Question

Morning Smiles Coffee Company manufactures Stoneware French Press coffee makers for use in dorm rooms, apartments, homes, and travel situations where customers desire high-quality coffee in small amounts. Last week, direct materials (stoneware, paint, enamel, and steel) costing $100,000 were put into production. Direct labor of $18,000 (10 workers × 100 hours × $18 per hour) was incurred. Manufacturing overhead equaled $50,000. By the end of the week, Morning Smiles had manufactured 2,000 Stoneware French Press coffee makers. Required: 1. Calculate the total prime cost for last week. 2. Calculate the per-unit prime cost. per unit 3. Calculate the total conversion cost for last week. 4. Calculate the per-unit conversion cost. per unit

Answer 1