Question
Sheffield's Bakery makes a variety of home-style cookies for upscale restaurants in the Atlanta metropolitan area. The company's best-selling cookie is the double chocolate almond
Sheffield's Bakery makes a variety of home-style cookies for upscale restaurants in the Atlanta metropolitan area. The company's best-selling cookie is the double chocolate almond supreme. Sheffield's recipe requires 20 ounces of a commercial cookie mix, 6 ounces of milk chocolate, and 4 ounces of almonds per batch of cookies. The standard direct materials costs are $ 1.20 per pound of cookie mix, $ 8.00 per pound of milk chocolate, and $ 11.00 per pound of almonds. Each batch of cookies requires 2 minutes of direct labor in the mixing department and 3 minutes of direct labor in the baking department. The standard labor rates in those departments are $ 12.00 per direct labor hour (DLH) and $ 18.00 per DLH, respectively. Variable overhead is applied at a rate of $ 30.00 per DLH; fixed overhead is applied at a rate of $ 60.00 per DLH. Calculate the standard cost for a batch of Sheffields double chocolate almond supreme cookies. (Round answer to 2 decimal places, e.g. 3.51.)
Standard cost per batch | $ enter the standard cost per pound in dollars rounded to 2 decimal places |
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