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hi. kindly provide the answers to this question as required by filling in the cells with the correct answer. please do your best to show
hi. kindly provide the answers to this question as required by filling in the cells with the correct answer. please do your best to show workings in a very comprehensive manner so i can understand which answers go where. Thank you.
The Heather Honey Company purchases honeycombs from beekeepers for $4.0 a pound. The company produces two main products from the honeycombs-honey and beeswax. Honey is drained from the honeycombs, and then the honeycombs are melted down to form cubes of beeswax. The beeswax is sold for $3.50 a pound. The honey can be sold in raw form for $5.0 a pound. However, some of the raw honey is used by the company to make honey drop candies. The candies are packed in a decorative container and are sold in gift and specialty shops. A container of honey drop candies sells for $12.4. Each container of honey drop candies contains three-quarters of a pound of honey. The other variable costs associated with making the candies are as follows: Decorative container 2.40 Other ingredients 1.25 Direct labour 2.20 Variable manufacturing overhead 1.10 Total variable manufacturing cost 6.95 The monthly fixed manufacturing overhead costs associated with making the candies follow: Master can maker's salary 4,880 Depreciation of making equipment 800 Total fixed manufacturing cost 5,680 The master can maker has no duties other than to oversee production of the honey drop candies. The candy-making equipment is special-purpose equipment that was constructed specifically to make this particular candy. The equipment has no resale value and does not wear out through use. A salesperson is paid $2,464 per month plus a commission of 5% of sales to market the honey drop candies
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