Develop costing and sales information for 1,000 cookies. Estimate and explain the cost per cookie based on job order costing (manufacturing overhead is 30% of direct labor costs). Prepare a job order cost sheet by researching and identifying the top five ingredients and their estimated costs as your direct materials. Research and identify the cost of wages for your two employees as your direct labor. It typically takes two days to make 1,000 cookies. Estimate and explain the cost per cookie based on process costing with 40% conversion costs. Identify the top three processes you feel are needed to make the cookies and prepare a production cost sheet for one of those processes. Estimate and explain the sales price you plan to set per cookie based on the cost data.
Job Order Cost Sheet
Job number:
Direct Material			Direct Labor					Manufacturing overhead
Ingredients	Total Cost per ingredient		Date	Hours	Rate	Total Cost per employee			Total Cost
			<2 employees>					<30% of Direct Labor Costs>
Total						-			-
Cost Summary
Direct Materials	-
Direct Labor	-
Manufacturing Overhead	-
	-
Units	1,000
Cost per unit	-