Answered step by step
Verified Expert Solution
Question
1 Approved Answer
' s Bakery makes desserts for local restaurants. Each pan of gourmet requires g flour, 1 5 0 mL chopped pecans, 6 0 mL cocoa,
s Bakery makes desserts for local restaurants. Each pan of gourmet requires g flour, mL chopped pecans, mL cocoa, g sugar, mL chocolate chips, eggs and mL oil. Each pan requires minutes of direct labour for mixing, cutting, and packaging. Each pan must bake for minutes. Restaurants purchase the gourmet by the pan, not by the individual serving. Each pan is currently sold for Standard costs are per bag of flour kg in a bag per bag of pecans mL per bag per tin of cocoa mL per tin per bag of sugar kg in a bag per bag of chocolate chips mL per bag per dozen eggs, per bottle of oil L per bottle and for packaging materials. The standard wage rate is per hour. allocates bakery overhead at per oven hour.
Requirements
What is the standard cost per pan of gourmet
What is the standard gross profit per pan of gourmet
How often should reassess her standard quantities and standard prices for inputs?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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