Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Mountain Air Coffee purchases green coTee beans trom vanious suppliers and then roasrs the cofee beans in its roasting faclity 6(Ciak the ioon to viaw
Mountain Air Coffee purchases green coTee beans trom vanious suppliers and then roasrs the cofee beans in its roasting faclity 6(Ciak the ioon to viaw the manufacturing information) Read the requ rements. 6 More Info Requirement 1. what ia ???? standard ooat of producing one 15pound oaso at roasted Doree beans? First solect the formuia to calculato the standard coat ot put. Than caloularo the standard cost of each inpu. Finaly, calculabo the total atandard coat of produaing ono 15-pound cso ot roastod coffoe boans. (Round your anawors t to the nearost cont The roastod boans are sod in 1 15-pound oasas to gracory stores and restaurants for SE0 per case. Each case of roasted coffee beans requires 10 pounds of unrossted green coffee beans. The company can purchase the creen cotee beans, incucing treight-in and purchase discounts, for $1.50 por pound. Each care of roastod ccffee beans requres 0.25 hours of direct labor in the production process. Drect laborers are pad 324 per hour, which includes payrol taxes and employee benents The company usea machine hours to alocata is manufacuring cvarhoad. Each cace of rcastod coffee beans requires 0.20 machine hours to produce. The company expects to produce 500,000 C8ses of roested coffee beans in the upcoming year At this production vclume, the company oopocta total vanabl? manutac.rng ovarhead 10 be sa,800.000 for th year. The company ai 0 ??????? to rour $75,000 of fuxed menufacturing overhead per month, or Standard cost of Direct materia's pounds x pound hour - Variablo manufacturing hourshour hautnour Food manufaoturing Requirement 2 what is standard gross proft per 15-pound case of roasted coffee beans? (Round your answers to the nearest cent The gross proft per 15-lb case of roasted conte is S Requirement 3. How often should the company roasaoss standard quantites and standand prices for inputs? srce te p ceof?bears , a an, theo mpany ? reassess s and d prees o en in addi on, the on pany They need to reassess quansty stancdards for the drect materfials Print Done reasteas s ancard prices otten. in addition, the company ? | need to reassess price standarda if n tnds ceaper supplers tor the ingredients need to reassess nce "andarar csow er supplers tor the ing eden The compeny should reasess quantty standard for overhead if r reassess lter standards thecharges Ycherges
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started