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Crane Bakery has provided the following cost data for the last year when 1 0 0 , 0 0 0 loaves of bread were produced

Crane Bakery has provided the following cost data for the last year when 100,000 loaves of bread were produced and sold.
Raw materials
$251,700
Direct labor
93,000
Manufacturing overhead
235,000
Selling and administrative costs
132,000
All costs are variable except for $145,700 of the overhead and $66,000 of the selling and administrative. The sales price was $10 per loaf.
(a)
Your Answer
Correct Answer (Used)Crane Bakery has provided the following cost data for the last year when 100,000 loaves of bread were produced and sold.
Raw materials
$251,700
Direct labor
93,000
Manufacturing overhead
235,000
Selling and administrative costs
132,000
All costs are variable except for $145,700 of the overhead and $66,000 of the selling and administrative. The sales price was $10 per loaf.
(a)
Your Answer
Correct Answer (Used)Crane Bakery has provided the following cost data for the last year when 100,000 loaves of bread were produced and sold.
Raw materials
$251,700
Direct labor
93,000
Manufacturing overhead
235,000
Selling and administrative costs
132,000
All costs are variable except for $145,700 of the overhead and $66,000 of the selling and administrative. The sales price was $10 per loaf.
(a)
Your Answer
Correct Answer (Used)
Your Answer
Correct Answer (Used)
How many units must be sold to meet a target operating income of $356,400?(Round intermediate calculation to 2 decimal places, e.g.15.25 and final answers to 0 decimal places, e.g.25,000.)
Must be sold
113,620
loaves
(b)
If Crane desires a target operating income of $147,000, what is the amount of sales dollars needed to reach this target? (Round intermediate calculation to 2 decimal places, e.g.15.25 and final answers to O decimal places, e.g.25,000.)
Sales dollars $
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