Question
The company Jumex S.A. whose main business is the production and sale of pineapple juice in 1 liter presentation, its production is made in the
The company Jumex S.A. whose main business is the production and sale of pineapple juice in 1 liter presentation, its production is made in the processes; extraction and packaging. The costs incurred during the month of May were: a) The consumption of the extraction process is of raw material $ 170,500, labor $ 21,400, Ind. Charges $ 10,200 b) The consumption of the packaging process is of raw material $ 32,400, labor $ 22,800, Ind. Charges $ 6,300 c) 13,500 Lt. of juice are sold d) Accounting reports that from the extraction process the finished production is 18,000 Lt., production in process 900 to 65% complete e) Accounting reports that the finished production of the packaging process is 15,000 Lt., production in process 1300 at 80% progress It asks: 1.- determine the unit costs of each process 2.- determine the total cost of liters of pineapple finished and in process. 3.- determine the cost of sales 4.- Determine the sale price if you want 80% profit margin and its amount.
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