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750 g Requirement 1. Complete the following table to determine the standard cost per pan of gourmet biscotti. (Round your interim and final answers to the nearest cent) Input Quantity Standard Price Standard Standard Cost of Input Flour per kg Pecans 125 ml per 100 mL Cocoa 60 mL per 100 mL Sugar per kg Chocolate chips 125 ml per 100 ml Eggs 2 per egg Oil 90 mL per L 500 g x x 1 pkg per package Packaging Total direct materials Direct labour 1/3 hour X per hour Bakery overhead 1/2 hour per hour Total Pamela's Bakery makes desserts for local restaurants. Each pan of gourmet biscotti requires 750 g flour, 125 mL chopped pecans, 60 mL cocoa, 500 g sugar, 125 ml chocolate chips, 2 eggs, and 90 mL oil. Each pan requires 20 minutes of direct labour for mixing, cutting, and packaging. Each pan must bake for 30 minutes. Restaurants purchase the gourmet biscotti by the pan, not by the individual serving. Each pan is currently sold for $12. Standard cos are $2.88 per bag of flour (8 kg in a bag), $4.00 per bag of pecans (1,000 mL per bag), $3.20 per tin of cocoa (500 ml per tin), $2.72 per bag of sugar (7 kg in a bag), $2.40 per bag of chocolate chips (750 ml per bag), $1.20 per dozen eggs, $2.16 per bottle of oil (2L per bottle), and 50.40 for packaging materials. The standard wage rate is $9 per hour. Pamela allocates bakery overhead at $4.90 per oven hour. Requirements 1. What is the standard cost per pan of gourmet biscotti? 2. What is the standard gross profit per pan of gourmet biscotti? 3. How often should Pamela reassess her standard quantities and standard prices for inputs? Requirement 2. What is the standard gross profit per pan of gourmet biscotti? (Round your answer to the nearest cent.) The gross profit per pan of gourmet biscotti is $ Requirement 3. How often should Pamela reassess her standard quantities and standard prices for inputs? Pamela should reassess her standard prices since the price of the ingredients ingredients She should also reassess her price standards if she finds for her However, she really won't need to reassess her quantity standards for the unless she changes the recipe. On the other hand, she should reassess her quantity standard for if she decides to bake batch at a time in the oven. Pamela's Bakery makes desserts for local restaurants. Each pan of gourr minutes of direct labour for mixing, cutting, and packaging. Each pan mus are $2.88 per bag of flour (8 kg in a bag), $4.00 per bag of pecans (1,000 dozen eggs, $2.16 per bottle of oil (2L per bottle), and $0.40 for packagir Requirements 1. What is the standard cost per pan of gourmet biscotti? 2. What is the standard gross profit per pan of gourmet biscotti? 3. How often should Pamela reassess her standard quantities and standa Requirement 2. What is the standard gross profit per pan of gourmet bisc The gross profit per pan of gourmet biscotti is $ Requirement 3. How often should Pamela reassess her standard quantiti since the pr Pamela should reassess her standard prices ingredients never However, she really won't need to reassess h the batch at a time in the oven. quite often when possible Enter any number in the edit fields and then continue to the next quest Save for Later Type here to search als. The standard wage rate is $9 per hour. Pamela alla = for inputs? ound your answer to the nearest cent.) standard prices for inputs? he ingredients V. She should al- 7 un ; other ha changes quite frequently changes quite infrequently never changes w kg in a bag), $2.40 per bag of chocolate chips (750 ml per bag), $1.20 pe erhead at $4.90 per oven hour. her price standards if she finds for her hould reassess her quantity stand buyers willing to pay more bake cheaper suppliers more expensive suppliers S so ^ dia (0) * ENG 9:28 PM 2020-10-08 insert prt sc delete ard quantities and standard prices for inputs? fit per pan of gourmet biscotti? (Round your answer to the ssess her standard quantities and standard prices for inputs? since the price of the ingredients er quantity standards for the V unless she chan bakery overhead en continue to the next quest direct labour direct materials 3 * Pamela's Bakery makes desserts for local restaurants. Each minutes of direct labour for mixing, cutting, and packaging. Ea are $2.88 per bag of flour (8 kg in a bag), $4.00 per bag of pe dozen eggs, $2.16 per bottle of oil (2 L per bottle), and $0.40 Requirements 1. What is the standard cost per pan of gourmet biscotti? 2. What is the standard gross profit per pan of gourmet biscott 3. How often should Pamela reassess her standard quantities Requirement 2. What is the standard gross profit per pan of g The gross profit per pan of gourmet biscotti is $ Requirement 3. How often should Pamela reassess her standa Pamela should reassess her standard prices ingredients S However, she really won't need to reassess her quantity standar batch at a time in the oven. E more than one edit fields and then continue to the n only one Type here to search esc