Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 11: Calculate the total standard cost for the period: Menu Item Name Unit Sales Sales Price Standard Cost Revenue Total Standard Cost Standard Cost
Question 11: Calculate the total standard cost for the period: Menu Item Name Unit Sales Sales Price Standard Cost Revenue Total Standard Cost Standard Cost % Soft Drink 4115 $3.29 $0.63 13538.35 2592.45 0.1914893617 Italian Soda 1830 $4.19 $0.47 7667.7 860.1 0.1121718377 Bruschetta 998 $9.99 $2.34 9970.02 2335.32 0.2342342342 Capresse 1206 $10.99 $3.53 13253.94 4257.18 0.3212010919 Minestrone Soup 653 $3.99 $0.75 2605.47 489.75 0.1879699248 Garden Salad 2284 $4.59 $0.83 10483.56 1895.72 0.1808278867 Chicken Caesar Salad 730 $14.99 $3.70 10942.7 2701 0.2468312208 Shrimp Alfredo 1025 $18.99 $5.35 19464.75 5483.75 0.2817272249 Lasagna 1116 $21.99 $5.48 24540.84 6115.68 0.2492041837 Penne Rustica 1273 $22.99 $5.59 29266.27 7116.07 0.2431491953 Spaghetti Bolognese 872 $16.99 $4.14 14815.28 3610.08 0.2436727487 Capelini Pomodoro 645 $14.99 $3.16 9668.55 2038.2 0.2108072048 Chicken Picata 1022 $21.99 $5.63 22473.78 5753.86 0.2560254661 Chicken Parmigana 1160 $21.99 $5.45 25508.4 6322 0.2478399272 Tuscan Ribeye 1095 $28.99 $10.35 31744.05 11333.25 0.357019662 Salmone de Sauteed 919 $26.99 $9.54 24803.81 8767.26 0.353464246 Pana Cotta 1786 $5.99 $1.27 10698.14 2268.22 0.2120200334 Ganache Cheesecake 2324 $6.99 $2.77 16244.76 6437.48 0.3962804006 Period Total 25053 NA NA 297690.37 80377.37 NA Weighted Average NA ?? ?? NA NA ??
| Question 11: Calculate the total standard cost for the period: | ||||||||||
| Menu Item Name | Unit Sales | Sales Price | Standard Cost | Revenue | Total Standard Cost | Standard Cost % | ||||
| Soft Drink | 4115 | $3.29 | $0.63 | 13538.35 | 2592.45 | 0.1914893617 | ||||
| Italian Soda | 1830 | $4.19 | $0.47 | 7667.7 | 860.1 | 0.1121718377 | ||||
| Bruschetta | 998 | $9.99 | $2.34 | 9970.02 | 2335.32 | 0.2342342342 | ||||
| Capresse | 1206 | $10.99 | $3.53 | 13253.94 | 4257.18 | 0.3212010919 | ||||
| Minestrone Soup | 653 | $3.99 | $0.75 | 2605.47 | 489.75 | 0.1879699248 | ||||
| Garden Salad | 2284 | $4.59 | $0.83 | 10483.56 | 1895.72 | 0.1808278867 | ||||
| Chicken Caesar Salad | 730 | $14.99 | $3.70 | 10942.7 | 2701 | 0.2468312208 | ||||
| Shrimp Alfredo | 1025 | $18.99 | $5.35 | 19464.75 | 5483.75 | 0.2817272249 | ||||
| Lasagna | 1116 | $21.99 | $5.48 | 24540.84 | 6115.68 | 0.2492041837 | ||||
| Penne Rustica | 1273 | $22.99 | $5.59 | 29266.27 | 7116.07 | 0.2431491953 | ||||
| Spaghetti Bolognese | 872 | $16.99 | $4.14 | 14815.28 | 3610.08 | 0.2436727487 | ||||
| Capelini Pomodoro | 645 | $14.99 | $3.16 | 9668.55 | 2038.2 | 0.2108072048 | ||||
| Chicken Picata | 1022 | $21.99 | $5.63 | 22473.78 | 5753.86 | 0.2560254661 | ||||
| Chicken Parmigana | 1160 | $21.99 | $5.45 | 25508.4 | 6322 | 0.2478399272 | ||||
| Tuscan Ribeye | 1095 | $28.99 | $10.35 | 31744.05 | 11333.25 | 0.357019662 | ||||
| Salmone de Sauteed | 919 | $26.99 | $9.54 | 24803.81 | 8767.26 | 0.353464246 | ||||
| Pana Cotta | 1786 | $5.99 | $1.27 | 10698.14 | 2268.22 | 0.2120200334 | ||||
| Ganache Cheesecake | 2324 | $6.99 | $2.77 | 16244.76 | 6437.48 | 0.3962804006 | ||||
| Period Total | 25053 | NA | NA | 297690.37 | 80377.37 | NA | ||||
| Weighted Average | NA | ?? | ?? | NA | NA | ?? | ||||
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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
Financial and Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
12th edition
978-1133952428, 1285078578, 1133952429, 978-1285078571
