Question
goodness bakery sells dinner rolls and multigrain bread. the company needs to determine the cost of two work orders for the month of July. work
goodness 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 3,600 packages of dinner rolls and work order 216 is for 4,000 loaves of multi grain bread. the following information shows the different operations used by the two work orders: for July, Goodness Bakery budgeted that it would make 10,000 packages of dinner rolls and 15,000 multigrain loaves ( with associated direct materials costs of $8,000 and $15,000 respectively). Budgeted conversion costs for each operation in July were: Baking $20,500; shaping $2,100; cutting $2,000
Goodness 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 3,600 packages of din (Click the icon to view the operations information.) For July, Goodness Bakery budgeted that it would make 10,000 packages of dinner rolls and 15,000 multigrain loaves (with associated direct materials costs of $8,000 and $15,000, respe 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.) Conversion cost per package Baking Shaping Cutting Requirement b. Using the information in requirement (a), calculate the udgeted cost of goods manufactured for the two July work orders. (Complete all input fields. Enter a "O" for any zero Work Order Work Order #215 #216 Bread type: Dinner Roll Multigrain Loaves Data table Quantity Direct materials Baking Work Order 215 Work Order 216 Shaping Operations Cutting 1. Bake Use Use Total budgeted cost of goods manufactured 2. Shape loaves Do not use Use 3. Cut rolls Use Do not use Print DoneStep by Step Solution
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