Answered step by step
Verified Expert Solution
Question
1 Approved Answer
answer all the question will give a good ratings A small bread bakery has a production capacity of 20,000,100g loaves of bread per day and
answer all the question
A small bread bakery has a production capacity of 20,000,100g loaves of bread per day and 600,000, 100g loaves of bread per month The following information is related to its production during the month of November 2021 Direct materials used: 1 Flour 219quintal @birr 4000/quintal Birr 876,000 2 Yeast 219kg birr 100 per kg Birr 21,900 3 Improver 110kg@birr 80/kg Birr 8,800 4 Salt 110 kg @bire 13/kg Birr 1,430 Total Direct Materials Birr 908,130 Direct labor cost Birr 261,870 Factory overhead cost 30,000 (10,000 variable, 20,000 fixed) Number of loaves of bread produced in the month 300,000 Administration and distribution cost for the month of November is 150,000 Required 1. Compute the prime cost 2. Compute the conversion cost 3. Compute total manufacturing cost of bread for the month of November 4. Compute total direct material cost per loaf of bread produced 5. Compute unit manufacturing cost of a loaf of bread 6. Compute unit total cost of a loaf of bread 7. Compute the revenue of the bakery at 20 contribution margin 8. The bakery has got a demand of 450,000 loves bread to be manufactured and sold in the a month of December 2021. Assuming that all direct materials cost do not change in the month of December what will be total direct material cost for the month of December to produce 450,000 bread 9. What will be the total cost of 450,000 loaves of bread to be produced in the month of December 2021 assume that there is no change in salary of employee of the bakery and admin and distribution cost remains constant 10. Refereeing to question 8 and 9 above. Compute unit total cost of a loaf of bread in the month of December. Is it the same as the unit total cost of a love of bread in the month of November 2021 why and why not will give a good ratings
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started