From the bits of flotsam in C.D.'s orange crate you were able to learn the following: $48,600 Cash Receipts 1944 half-kegs (972 barrels sold at $50 each) Cash Disbursements Malted-Barley extract (2,980 pounds @ $2.18/pound) wheat extract (1,080 pounds @ $2.75/pound) Hops (240 bushels at $1e/bushel) Brewer's Yeast (50 bricks at $2.80/brick) Water (116,667 @ $.9909/gallon) Half kegs (200 @ $15) Keg washing machine Payroll (including taxes and benefits): C.D. cervesa Direct labor costs Gas and Electricity (25% Gas) tactory lent Excise taxes ($10 per barrel sold) Miscellaneous manufacturing costs Miscellaneous general & administrative expenses Loan payments : Principal $ 4,200 2,750 2,400 140 105 3,800 12,000 899 12,400 169 3,000 9,720 13e 2, 285 tes 3.600 56,699 Total cash disbursements Beginning inventories Barley extract (502 pounds) wheat extract 100 pounds) Hostel Yeast bbricks 25 Downstream Brewery had fulfilled its contracts with Lovverbrow and Olde Meirish at the en process or finished goods on hand at the end of the test Quarter. At the very beginning of additiona 200 18-egs, mazing a total of 1000 ha f-kegs to hold the Froth production. Sir cleaning and returning the empty half-kegs. C.D. also purchased a $12,000 machine to wa including the ha f-kegs and the keg washing machine yas depreciated on a straight line ba The $12,000. one year insurance policy that Downstream had prepaid remained in effects time was stil devoted directly toores ng 8 , and the remainder was spent dealing with ge Yol toured the warehouse and earned more about the breying process, and about the sta the quarter to keep things stra got your mind, you made a cha . of the entre process ops (4 bushels) east (5 bricks) 275 40 14 wnstream Brewery had fulfilled its contracts with Lowerbrow and Olde Mclrish at the end of last quarter. There was no work in ocess or finished goods on hand at the end of the last quarter. At the very beginning of this quarter. C.D. Cervesa had purchased an Jitional 200 half-kegs, making a total of 1000 half-kegs to hold the Froth production. Since Olde Mclrish would no longer be aning and returning the empty half-kegs, C.D. also purchased a $12,000 machine to wash and sterilize the kegs. All equipment, luding the half-kegs and the keg washing machine was depreciated on a straight line basis over 10 years with no salvage value. e $12,000. one-year insurance policy that Downstream had prepaid remained in effect during the quarter Ninety percent of C.D.'s he was still devoted directly to brewing ale, and the remainder was spent dealing with general and administrative duties. u toured the warehouse and learned more about the brewing process, and about the stage that C.D.'s product was in at the end of e quarter. To keep things straight in your mind, you made a chart of the entire process. Boiling Department Add extract, Remove hops water hops Soil with gas (8 hours) Hermenting Depantment Remodel yeast Add yeast cool with electricity (16 hours) (15% electricity fentent with electricity days) 5019 electricity Shipping Department Ship clean kegs and refill (10 electricity) Cool with electnicity de days) 125 elecericity) D. estimated that about 30% of all labor was required for the Boiling operation: 5098 for the Ferment ng operation, and 10% fon eaning and refilling the half-kegs. You discussed the ins and outs of overhead allocation and decided that al overhead items should = allocated based on direct labor cost. You noted that other than the keg washing machine, no additions had been made to the 130.000 worth of brewing equipment you remembered from your previous engagement with Downstream At the end of the cuarter Du did an inventory, and found that CD had one batch (12 camels that had ust competed looling and needed to have the hops rained out (virtually complete in the Bolling operation, and one oatcrilin the middle of the Fementing operation (the yeast had ready been added). The recipe for each 12 barre batch of Froth calls for 20 pounds of caney extract. ten pounds of wheat extract, ne brick of yeast (each of which can be used in four batches) two busnes of hops, and 372 gal ons of water. Ninety-sX halikega 48 arres) that had just been filed and stabilized were in the refrigerator ready to be taken to the rendis pub where it would be sold. equired: answering the following questions, give C.D. sufficient deta s so that you can rete from this ob in the nean future and ad can Ontinue without you. linn three sreces of Bolling Fermention and Shinn an animal annarsha mara tano nellone at Prem 1 of 1 NERO search o co G DLL Required 1 Required 2 Required 3 Required 4 What is Downstream's income statement for the period? (Round "Per Barrel" answers t decimal places.) Downstream Brewery: Process Costing Income Statement Total Per Barrel 0.000 Net sales 0.00 0.000 Gross profits on sales Selling, general, and administrative expenses: Total selling general, and administrative expenses 5 Required Required 32 Complete this question by entering your answers in the tabs Required 1 Required 2 Required 3 Required 4 What is C.D.'s cost per barrel? (Round your answer to 3 decimal place CD's cost per barre