Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Haribo has manufactured gummy bears, since 1920. Those bears are currently made in 16 plants around the world. Starting in 2020, those gummy bears will

Haribo has manufactured gummy bears, since 1920. Those bears are currently made in 16 plants around the world. Starting in 2020, those gummy bears will also be made in the US when Haribo opens a new plant in Wisconsin. Worldwide, about 100 million gummy bears are made by Haribo per day. The ingredients in gummy bears are sugar, glucose syrup, starch, flavoring, food coloring, citric acid, and gelatin. Gummy bears are made in a special machine called a starch mogul. A flat gummy bear mold tray is filled with powered starch. (The flat tray is why gummy bears are flat on the backside.) A hot, liquid gummy bear mixture is poured into the tray. The tray is cooled overnight and then the gummy bears are removed and the process starts over with the now emptied tray with more of the gummy bear mixture. Gummy bears are package by machine into a variety of package sizes. The Haribo gummy bears come in five colors including red (raspberry), green (strawberry), colorless (pineapple), orange (orange), and yellow (lemon.)

Questions

1. What direct materials are used in the production of gummy bears?

2. What direct labor costs are likely to be incurred in the production of

gummy bears?

3. Give several examples of manufacturing overhead costs that are

likely to be incurred by Haribo in the production of its gummy bears at

the US plant.

4. From the production process description provided, at what point do

you think most of the direct materials are added to the process when

manufacturing gummy bears?

5. At the end of the month, approximately what percentage complete will

those gummy bears be with respect to direct materials?

Please, answerds with explanation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials Of Marketing

Authors: David Brown, Alex Thompson

1st Edition

0367773422, 9780367773427

More Books

Students also viewed these Accounting questions