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Question: Comprehensive Problem 5 Part C Just need the ansers to the ones with red X's next to them (Part C at the bottom). I
Question: Comprehensive Problem 5 Part C
Just need the ansers to the ones with red X's next to them (Part C at the bottom). I left Part A and B in the question if it helps you answer the problem. Thanks!
Comprehensive Problem5 Part A: Note: You must complete part A before completing parts B and C Genun e Spice Inc. began operations on January 1, 2016. The company produces a hand and body lot on an eight-ounce bottle called Fte ai Beauty The lot on s sold wholesale in 12 bottle cases for100 per case. There s a selling comm ss on of $20 per case. The January direct materials, direct labor, and factory overhead costs are as follows: Cost Cost per Unit 50.02 0.30 0.50 Units Direct Materials per Case Cost per Case Cream base Natural oils Bottle (3-oz.) 100 ozs. $2.00 .00 12 bottles 17.00 DTRECT LABOR Labor Rate per Hour $18.00 14-40 Direct Labor Cost per Case 6.00 1.20 per Case Mixing 20 min Variable FACTORY OVERHEAD Cost Behavior Total Cost utilities Facility lease 14,000 4,300 Fixed $19,560 Part A-Break-Even Analysis The management of Genuine Spice Inc. wishes to determine the number of cases required to break even per month. The utilities cost, which is part of factory averhead, is a mixed cost. The following information was gathered from the first six months of operation regarding this cost 2016 Case Production Utility Total CostStep by Step Solution
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