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Good Life Bakery sells dinner rolls and multigrain bread. The company needs to determine the cost of two work orders for the month of July.
Good Life Bakery sells dinner rolls and multigrain bread. The company needs to determine the cost of two work orders for the month of July. Work Order 215 is for 3,000 packages of dinner rolls and Work Order 216 is for 3,400 loaves of multigrain bread. The following information shows the different operations used by the two work orders: E: (Click the icon to view the operations information.) For July, Good Life Bakery budgeted that it would make 10,000 packages of dinner rolls and 20,000 multigrain loaves (with associated direct materials costs of $6,500 and $14,000, respectively). Budgeted conversion costs for each operation in July were: Baking, $15,000; Shaping, $3,600; and Cutting, $1,700. Read the requirements . = Requirement a. Using budgeted number of packages as the denominator, calculate the budgeted conversion-cost rates for each operation. (Round your answers to the nearest cent.) Budgeted conversion costs Budgeted number of packages Conversion cost per package Baking 15000 30000 0.5 Shaping 3600 30000 0.12 Cutting 1700 30000 0.06 11 . - Data table Work Order 215 Work Order 216 Use Use Operations 1. Bake 2. Shape loaves 3. Cut rolls Do not use Use Use Do not use Print Done Requirement b. Using the information in requirement (a), calculate the budgeted cost of goods manufactured for the two July work orders. (Complete all input fields. Enter a "0" for any zero amounts.) Work Order Work Order #215 #216 Bread type: Dinner Roll Multigrain Loaves Quantity Direct materials Baking Shaping Cutting Total budgeted cost of goods manufactured
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