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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 loaves of bread were produced and sold.
Raw materials
$
Direct labor
Manufacturing overhead
Selling and administrative costs
All costs are variable except for $ of the overhead and $ of the selling and administrative. The sales price was $ per loaf.
a
Your Answer
Correct Answer UsedCrane Bakery has provided the following cost data for the last year when loaves of bread were produced and sold.
Raw materials
$
Direct labor
Manufacturing overhead
Selling and administrative costs
All costs are variable except for $ of the overhead and $ of the selling and administrative. The sales price was $ per loaf.
a
Your Answer
Correct Answer UsedCrane Bakery has provided the following cost data for the last year when loaves of bread were produced and sold.
Raw materials
$
Direct labor
Manufacturing overhead
Selling and administrative costs
All costs are variable except for $ of the overhead and $ of the selling and administrative. The sales price was $ 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 $Round intermediate calculation to decimal places, eg and final answers to decimal places, eg
Must be sold
loaves
b
If Crane desires a target operating income of $ what is the amount of sales dollars needed to reach this target? Round intermediate calculation to decimal places, eg and final answers to decimal places, eg
Sales dollars $
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