Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Canadian Berry Co. (CBC) is a large organization which has a number of divisions in the bakery and prepared food fields. Their jam and spread

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Canadian Berry Co. (CBC) is a large organization which has a number of divisions in the bakery and prepared food fields. Their jam and spread division produce 5 types of sandwich spreads which it sells in jars. You are the management accountant assigned to this division. CBC's year end is September 2018 A) The sales and cost figures for the month of September 2018 are as follows. Variable and fixed costs are all manufacturing costs. Selling, administrative, marketing and other costs are ignored. Budget Selling Price Variable Cost Fixed Cost Sales Volume Custom Budget Regular Deluxe Fancy $4.60 $2.65 $20,000 45,000 9,000 25,000 4,500 10,000 6,900 5,000 12,000 15,000 100,000 2.70 5.00 5.50 2.90 6.00 6.60 3.90 3.40 Actual Selling Price Variable Cost Fixed Cost Sales Volume Custom Budget Regular Deluxe Fancy $4.60 2.80 $21,000 57,600 11,000 18,000 5,000 9,600 7,000 13,200 11,000 21,600 120,000 5.20 5.70 6.10 7.00 2.90 3.00 3.50 4.00 Canadian Berry Co. (CBC) is a large organization which has a number of divisions in the bakery and prepared food fields. Their jam and spread division produce 5 types of sandwich spreads which it sells in jars. You are the management accountant assigned to this division. CBC's year end is September 2018 A) The sales and cost figures for the month of September 2018 are as follows. Variable and fixed costs are all manufacturing costs. Selling, administrative, marketing and other costs are ignored. Budget Selling Price Variable Cost Fixed Cost Sales Volume Custom Budget Regular Deluxe Fancy $4.60 $2.65 $20,000 45,000 9,000 25,000 4,500 10,000 6,900 5,000 12,000 15,000 100,000 2.70 5.00 5.50 2.90 6.00 6.60 3.90 3.40 Actual Selling Price Variable Cost Fixed Cost Sales Volume Custom Budget Regular Deluxe Fancy $4.60 2.80 $21,000 57,600 11,000 18,000 5,000 9,600 7,000 13,200 11,000 21,600 120,000 5.20 5.70 6.10 7.00 2.90 3.00 3.50 4.00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Information Systems

Authors: Steven M. Bragg

2nd Edition

164221079X, 9781642210798

More Books

Students also viewed these Accounting questions

Question

How would you describe Mark Zuckerberg as a team leader?

Answered: 1 week ago