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Tree Top Coffee purchases green coffee beans from various suppliers and then roasts the coffee beans in its roasting facility. Click the icon to
Tree Top Coffee purchases green coffee beans from various suppliers and then roasts the coffee beans in its roasting facility. Click the icon to view the manufacturing information.) Read the requirements. Requirement 1. What is the standard cost of producing one 15-pound case of roasted coffee beans? First, select the formula to calculate the standard cost of input. Then calculate the standard cost of each input. Finally, calculate the total standard cost of producing one 15-pound case of roasted coffee beans. (Round your answers to the nearest cent.) Standard mantin Standard nrina Choose from any list or enter any number in the input fields and then continue to the next question. i More Info C nu da ate bea The roasted beans are sold in 15-pound cases to grocery stores and restaurants for $90 per case. Each case of roasted coffee beans requires 15 pounds of unroasted green coffee beans. The company can purchase the green coffee beans, including freight-in and purchase discounts, for $1.50 per pound. Each case of roasted coffee beans requires 0.50 hours of direct labor in the production process. Direct laborers are paid $15 per hour, which includes payroll taxes and employee benefits. The company uses machine hours to allocate its manufacturing overhead. Each case of roasted coffee beans requires 0.30 machine hours to produce. The company expects to produce 600,000 cases of roasted coffee beans in the upcoming year. At this ny Print Done X Tree Top greet Click the icon to view the manufacturing information.) Read the requirements. Direct materials Direct labor Variable manufacturing overhead suppliers and the roasts the coffee beans in its roasting facility. Standard quantity x Standard price = 15 pounds x 1.50 per pound = Standard cost of input 22.50 50 hours x 15 per hour = 7.50 30 machine hours x per hour = Choose from any list or enter any number in the input fields and then continue to the next question. Tree Top Coffee purchases green coffee beans from various suppliers and then roasts the coffee beans in its roasting facility. Click the icon to view the manufacturing information.) Read the requirements. Variable manufacturing overhead 30 machine hours X per hour = Fixed manufacturing overhead .30 machine hours X per hour Total Choose from any list or enter any number in the input fields and then continue to the next question. Read the requirements. First, select the formula to calculate the standard cost of input. Then calculate the standard cost of each input. Finally, calculate the total standard c 15-pound case of roasted coffee beans. (Round your answers to the nearest cent.) Direct materials Standard quantity 15 pounds X Standard price = Standard cost of input x 1.50 per pound = 22.50 Choose from any list or enter any number in the input fields and then continue to the next question. Previous Read the requirements. Direct labor 50 hours X 15 per hour Variable manufacturing overhead .30 machine hours X per hour = Fixed manufacturing overhead 30 machine hours X per hour = Choose from any list or enter any number in the input fields and then continue to the next question. 7.50
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