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please show work and make it clear whst your answering. h1 take two Requirement 1. What is the standard cost of producing one 20-pound case
please show work and make it clear whst your answering.
Requirement 1. What is the standard cost of producing one 20-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 Standard quantity Standard price Standard cost of input Direct materials pounds per pound X X Requirements More Info 1. What is the standard cost beans? 2. What is the standard gross 3. How often should the compe prices for inputs The roasted beans are sold in 20-pound cases to grocery stores and restaurants for $95 per case. Each case of roasted coffee beans requires 15 pounds of uroasted 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 $20 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 800,000 cases of roasted cottee beans in the upcoming year. At this production volume, the company expects total variable manufacturing overhead to be $4,800,000 for the year. The company also expects to incur S40,000 of foxed manufacturing overhead per month, or $480,000 for the year. Print Done Enter any number in the fields and then click Check Anwet 7 Darts First, select the formula to calculate the standard cost of input. Then calculate the standard cost of each inp Standard quantity Standard price Standard Direct materials pounds per pound X x - More Info The roasted beans are sold in 20 pound cases to grocery stores and restaurants for $95 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 $20 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 800,000 cases of roasted coffee beans in the upcoming year. At this production volume, the company expects total vanable manufacturing overhead to be $4,800,000 for the year. The company also expects to incur $40,000 of fixed manufacturing overhead per month, or $480,000 for the year. Print Done Enter any number in the edit fields and then click Check Answer 7 parts remaining case of roasted coffee beans? calculate the standard cost of each input. Finally, calculate the total standard cost of producing one 20 pound case of roasted coffee beans. (Round your Standard price Standard cost of input per pound Retuirements 1. What is the standard cost of producing one 20 pound case of roasted coffee beans? 2. What is the standard gross profit per 20-pound case of roasted coffee beans? 3. How often should the company reassess standard quantities and standard prices for inputs ? Print Done ad restaurants sounds of Bon coffee sound. Each the production roll taxes and its sites 0.30 ,000 cases of ume, the 5,800,000 for the Eacturing overhead w Tree Top Coffee purchases green colles bars from various suppliers and then roasts the coffee beans in its roasting facility Click the icon to hw the manufacturing information) Read the recent Requirement 1. What is the standard cost of producing one 20 pound case of roasted coffee beans? First, select the formula to calculate the standard cont of input. Then calculate the standard cost of each input. Finally, calculate the total standard cost of producing one 20 pou Standard quantity Standard price Standard cost of input Direct manals pounds per pound Rebuirements More Info 1. What is the standard cost of producing one 20-pound case of marted be 2 What is the standard gross profit per 20-pound cate of losind coffee 1 How often should the company assess standard wines and are prices for inputs Print Done The Toated beans are sold in 20 pound cases to grocery stores and restaurants for 595 per case. Each case of roasted coffee beans requires 15 pounds of unroosted green coffee beans. The company can purchase the green coffee boane, wcluding freight in and purchase discounts for $1.50 per pound Each case of roasted cotto bens quines 0.50 hours of direct labor in the production process Direct laborers are paid $20 per hout which includes payroll taxes and employee benefits. The company uses machine hours to allocate its manufacturing overhead Each case of roasted coffee beans roure 0.30 machine hours to produce. The company expects to produce 100,000 cases of roasted coffee beans in the upcoming year At this production volume, the company expects total variable manufacturing overed to be $4,000,000 for the year. The company is expects to incr $40.000 of foed manding overhead per month of $430,000 for the ye Print Done Enter any number in the edit told and then click Check Ans 7 parts ave h1 take two
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