Question
Danny's Delights is a wholesales bakery. Danny makes a variety of baked Goods, which he sells to restaurants and grocery stores. His best-selling item is
Danny's Delights is a wholesales bakery. Danny makes a variety of baked Goods, which he sells to restaurants and grocery stores. His best-selling item is a peanut butter cookie. The recipe calls for 1 cup of peanut butter, 1 cup of sugar and 1 egg. Each recipe makes a batch of one dozen cookies. Danny's standard direct materials cost for each batch of cookies is $0,90 for peanut butter, $0.15 for sugar and $0.10 for an egg. In additiion, the cookies are packaged by the dozen in cardboard containers costing $0.25 each. One batch of cookies requires 4 minutes preparation time, 8 minutes of cooking time, and 3 minutes of packaging time. The standared wage rate is $8 per hour. Overhead is applied at 50% of direct labors cost.
Required
Calculate the standerd cost for a batch (1 dozen) of peanut butter cookies
Direct material per batch $
Direct labor per batch $
Manufacturing Overhead per batch $
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