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For this requirement, you will analyze and classify costs that have been reported in Sydney Bakery's financial statements. 1. Classify the various costs in relation
For this requirement, you will analyze and classify costs that have been reported in Sydney Bakery's financial statements. 1. Classify the various costs in relation to the production and sale of cinnamon buns (one of several goods produced and sold). Any one of the costs may be classified under several classification types. . A table has been included at the end of this document which you can copy and past into your response for convenience. Place an "x" in the respective cell representing the classification type. Be sure to refer back to the case details provided for information on the respective costs. Requirement #2 This requirement focuses on the special order of 50 dozen cinnamon buns. Based on the information presented in the case: 1. Determine the total manufacturing costs for the order of 50 dozen cinnamon buns. 2. Calculate the total manufacturing cost on a per dozen basis. 3. Calculate the total manufacturing costs on a per cinnamon bun basis. Requirement #3: Based on the "Operational Information" provided in the case: 1. Calculate the pre-determined overhead rate (PDOHR) 2. Determine if manufacturing overhead (MOH) was over or under applied. 3. Develop the Journal Entry necessary to close out the manufacturing overhead account. Requirement #4: Based on the "Operational Results" information presented for January, February, and March, complete the following
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