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please answer in sequence and exact to put in empty boxes Sara's Salsa Company produces its condiments in two types: Extra Fine for restaurant customers
please answer in sequence and exact to put in empty boxes
Sara's Salsa Company produces its condiments in two types: Extra Fine for restaurant customers and Family Style for home use. Salsa is prepared in department 1 and packaged in department 2. The activities, overhead costs, and drivers associated with these two manufacturing processes and the company's production support activities follow. Process Department 1 Activity Mixing Cooking Product testing Driver Machine hours Machine hours Batches Quantity 2,800 2,800 650 Department 2 Machine calibration Labeling Defects Overhead cost $ 4,700 15,600 114,400 $ 134,700 $ 345,000 18,000 9,000 $ 372,800 $ 88,000 42,000 84,000 $ 214,000 Production runs Cases of output Cases of output 750 180,000 180,00 Support Recipe formulation Heat, lights, and water Materials handling Focus groups Machine hours Container types 40 2,800 8 Additional production information about its two product lines follows. Units produced Batches Machine hours Focus groups Container types Production runs Extra Fine 39,000 cases 390 batches 1,200 MH 3e groups 4 containers 300 runs Family style 141, eee cases 260 batches 1,600 MH 1e groups 4 containers 450 runs Required: 1. Using a plantwide overhead rate based on cases, compute the overhead cost that is assigned to each case of Extra Fin each case of Family Style Salsa. 2. Using the plantwide overhead rate, determine the total cost per case for the two products if the direct materials and dir cost is $8 per case of Extra Fine and $9 per case of Family Style. 3.a. If the market price of Extra Fine Salsa is $14 per case and the market price of Family Style Salsa is $12 per case, deter gross profit per case for each product. 3.b. What might management conclude about the Family Style Salsa product line? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req 3A Reg 38 Using a plantwide overhead rate based on cases, compute the overhead cost that is assigned to each case of Extra Fine Salsa and each case of Family Style Salsa. (Round your intermediate calculations and final answers to 2 decimal places.) Plantwide overhead rate per case Reg 1 Reg 2 Reg 3A Reg 3B Using the plantwide overhead rate, determine the total cost per case for the two products if the direct materials and direct labor cost is $8 per case of Extra Fine and $9 per case of Family Style. (Round your intermediate calculations and final answers to 2 decimal places.) Total cost per unit Extra Fine unit Family Style unit Reg 1 Reg 2 Reg 3A Reg 3B If the market price of Extra Fine Salsa is $14 per case and the market price of Family Style Salsa is $12 per case, determine the gross profit per case for each product. (Round your intermediate calculations and final answers to 2 decimal places.) Extra Fine Family Style 4. Using ABC, compute the total cost per case for each product type If the direct labor and direct materials cost is $8 per case of Fine and S9 per case of Family Style. (Round your Intermediate calculations to 2 decimal places. Round "Activity Rate" and "Overhead cost per unlt" answers to 2 decimal places.) Overhead Cost Activity Drivers Activity Rate Actiu Activity Mixing & Cooking Product testing Machine calibration Labeling & Defects Recipe formulation Heat, light and water Material handling Total overhea Extra fine Fa 5. If the market price is $14 per case of Extra Fine and $12 per case of Family Style, determine the gross profit per case for each product (Round your Intermediate calculations and final answers to 2 decimal places.) Extra Fine Family StyleStep by Step Solution
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