Blinn College decides to build snowboards within their Archi…
Blinn College decides to build snowboards within their Architect class. Within the past few years, Blinn College has been known worldwide as one of the greatest builders of snowboards. Blinn College has reported the following costs for the previous year. Assume no production inventories. Cost of fiberglass (raw material) $ 119,000 Factory rent $ 67,200 Advertising $ 175,000 Utilities for factory $ 25,200 Wages of assembly workers $ 126,000 Production supervisor salary $ 63,000 Sales manager salary $ 58,800 Factory property taxes $ 16,800 Depreciation on production equipment $ 35,000 Cost of bindings (raw material) $ 35,000 Screws $ 1,680 Wages of snowboard painters $ 105,000 Wages for maintenance workers $ 53,200 Directions: Ensure that you place a $ sign before your answer, use commas in the appropriate places, and include .00 at the end. Compute the following: 1. Direct material costs 2. Direct labor cost 3. Manufacturing overhead 4. Total manufacturing cost 5. Prime cost 6. Conversion cost 7. Total period cost