Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sunland'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

Sunlands Bakery makes a variety of home-style cookies for upscale restaurants in the Atlanta metropolitan area. The company

Sunland'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. Sunland's recipe requires 60 ounces of a commercial cookie mix, 8 ounces of milk chocolate, and 2 ounces of almonds per batch of cookies. The standard direct materials costs are $1.20 per pound of cookie mix, $12.00 per pound of milk chocolate, and $8.00 per pound of almonds. Each pound of cookies requires 1 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 $15.00 per direct labor hour (DLH) and $20.00 per DLH, respectively. Variable overhead is applied at a rate of $42.00 per DLH; fxed overhead is applied at a rate of $54.00 per DLH. Calculate the standard cost for a pound of Sunland's double chocolate almond supreme cookies. (Round answer to 2 decimal places, eg. 3.51.) Standard cost per pound %24

Step by Step Solution

3.38 Rating (167 Votes )

There are 3 Steps involved in it

Step: 1

Standard Cost per pound Particulars Direct Materials Commercial cookie mix 60 ounces 120 16 ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Charles E. Davis, Elizabeth Davis

4th Edition

1119577667, 978-1119577669

More Books

Students also viewed these Accounting questions