Question Help beans in its roasting facility Artisan Coffee purchases green coffee beans from various suppliers and then roasts the coffee Click the icon to view the manufacturing information) Read the tequirements Requirement 1. What is the standard cost of producing one 15-pound case of roasted coffee beans? First solect the formuia to calcuate tho stdardcost of inut Then calculato the standard cost of each nput Finly, calculate the total standard cost of prodtucing one 15-pound case of roasted coffee beans. (Round your answers to the nearest cent) cost of Standard cost of input Direct materials pounds per pound Direct labor hours per hour Varnable manufacturing overheadmachine hoursper hour . Fixed manufacturing overhead machine hours per hour machine hours x Total Requirement 2. What is the standard gross profit per 15-pound case of roasted coffee beans? (Round your answers to the nearest cent) Choose from any list or enter any number in the input fields and then continue to the next questiorn. Question Help * Artlisan Coffee purchases green coffee beans from various suppliers and then roasts the coffee beans in its roasting (Click the icon to view the manufacturing information ) facility Read the tequirements Requirement 1. What is the standard cost of producing one 15-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 cost of producing one 15-pound case of roasted coffee beans. (Round your answers to the nearest cent) xStandard cost of input Direct materials pounds per pound per hour Direct labor hours Variable manufacturing overhead machine hoursx per hour machine hours -per hour Fixed mantacturing overhead x Total Requirement 2. What is the standard gross profit per 15 pound case of roasted coffee beans? (Round your answers to the nearest cent ) The gross profit per 15-4b case of roasted coffee is Choose from any list or enter any number in the input fields and then continue to the next question ue easts tie collee beans in its roasting facility More Info The roasted beans are sold in 15-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 $4.00 per pound. Each case of roasted coffee beans requires 0.50 hours of direct labor in the production process. Direct laborers are paid $25 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 0.40 machine hours to produce. The company expects to produce 750,000 cases of roasted coffee beans in the upcoming year. At this production volume, the company expects total variable manufacturing overhead to be $6,000,000 for the year. The company also expects to incur $50,000 of fixed manufacturing overhead per month, or $600,000 for the year nda t cen Print Done of ro any number in the Input fields and then cont
