this question is for Tristed Treads, as well as Ingles!

UP Turuullunu alu Ptruu LUS ACCT 2102, Management Project 3 The table below reflects the following adjustment to the numbers you produced in class last week: Boxankle auditors have determined ten minutes as the amount of direct labor going into the production of each case. Since the process is highly automated, 10 minutes seems like a reasonable estimate for all five products. Aside from this change, the numbers below reflect those that you provided in your summary sheet. Boxankle Investments Startup Companies Projected Manufacturing Costs March, 2020 Company Direct Labor Hours per Case 10 minutes Twisted Treads Choc-o-change The Bubble Blowers Bae-gels GoNutter Butter Direct Material per Case $10.00 $40.00 $6.00 $12.00 $17.28 10 minutes 10 minutes 10 minutes 10 minutes Direct Labor Cost per Hour $14.00 $14.00 $11.20 $14.00 $14.00 Manufacturing Overhead per Month $35,040 $22,705 $32,975 $9,181 $87,700 Because of BXI's overall reputation for nurturing companies which produce outstanding products, it turns out that you already have a number of advance orders for your first month of operation. As you see below, you have orders for 8,500 cases of your product. At full capacity, your plant can produce 10,080 cases per month (21 weekdays X 10 employees X 8 hours X 6 cases per direct labor hour). However, since this is your first month of operation, you've decided to restrict production to these five orders, reducing direct labor accordingly. Hence you can determine the manufacturing cost for each order using a job costing approach. Following, then, are the five "jobs" 1. Trader Joe's: 500 cases 2. Ingles: 1,000 cases 3. Publix: 1,500 cases 4. Kroger's 2.000 cases 5. Walmart. 3,500 cases Each member of your team should select one of these jobs to cost. Four member teams should omit the Trader Joe's order, reducing total production for the month to 8,000 cases. On the next page is a worksheet we'll go through in class. Note that each company will choose an allocation base to be used by each team member You'll turn in your worksheet as MA 3; I have clean copies of the worksheet if you'd like one. nary of Manufacturing and Period Costs Unre with PANACHE! Direct Materi Direct Your Name Your Company Name and the Specific Job You're Costing Total number of units to be produced: Direct Material Direct Material per case Total Direct Material Cost Direct Labor Direct labor Cost per Hour Total hours direct labor for job Direct Labor Cost for Job Manufacturing Overhead Estimate total manufacturing overhead costs for the month. Select an Allocation base All members of your team should have the same numbers in these cells. Estimate the amount of the allocation base to be used during the period Calculate the predetermined MOH allocation rate nufac erhea Allocate Manufacturing Overhead to your Job Calculate the total Production Job Cost What additional information would you need to determine the price you would charge the customer for the job? Give an example below of how you would use that information to quote a price to the customer. Write an actual price quotation on the back of the page You have latitude on the format of your price quotation as long as your pricing is clear to the customer. You may neatly write your price quotation on the back of this page by hand, or you may type one on a separate page. ed UP Turuullunu alu Ptruu LUS ACCT 2102, Management Project 3 The table below reflects the following adjustment to the numbers you produced in class last week: Boxankle auditors have determined ten minutes as the amount of direct labor going into the production of each case. Since the process is highly automated, 10 minutes seems like a reasonable estimate for all five products. Aside from this change, the numbers below reflect those that you provided in your summary sheet. Boxankle Investments Startup Companies Projected Manufacturing Costs March, 2020 Company Direct Labor Hours per Case 10 minutes Twisted Treads Choc-o-change The Bubble Blowers Bae-gels GoNutter Butter Direct Material per Case $10.00 $40.00 $6.00 $12.00 $17.28 10 minutes 10 minutes 10 minutes 10 minutes Direct Labor Cost per Hour $14.00 $14.00 $11.20 $14.00 $14.00 Manufacturing Overhead per Month $35,040 $22,705 $32,975 $9,181 $87,700 Because of BXI's overall reputation for nurturing companies which produce outstanding products, it turns out that you already have a number of advance orders for your first month of operation. As you see below, you have orders for 8,500 cases of your product. At full capacity, your plant can produce 10,080 cases per month (21 weekdays X 10 employees X 8 hours X 6 cases per direct labor hour). However, since this is your first month of operation, you've decided to restrict production to these five orders, reducing direct labor accordingly. Hence you can determine the manufacturing cost for each order using a job costing approach. Following, then, are the five "jobs" 1. Trader Joe's: 500 cases 2. Ingles: 1,000 cases 3. Publix: 1,500 cases 4. Kroger's 2.000 cases 5. Walmart. 3,500 cases Each member of your team should select one of these jobs to cost. Four member teams should omit the Trader Joe's order, reducing total production for the month to 8,000 cases. On the next page is a worksheet we'll go through in class. Note that each company will choose an allocation base to be used by each team member You'll turn in your worksheet as MA 3; I have clean copies of the worksheet if you'd like one. nary of Manufacturing and Period Costs Unre with PANACHE! Direct Materi Direct Your Name Your Company Name and the Specific Job You're Costing Total number of units to be produced: Direct Material Direct Material per case Total Direct Material Cost Direct Labor Direct labor Cost per Hour Total hours direct labor for job Direct Labor Cost for Job Manufacturing Overhead Estimate total manufacturing overhead costs for the month. Select an Allocation base All members of your team should have the same numbers in these cells. Estimate the amount of the allocation base to be used during the period Calculate the predetermined MOH allocation rate nufac erhea Allocate Manufacturing Overhead to your Job Calculate the total Production Job Cost What additional information would you need to determine the price you would charge the customer for the job? Give an example below of how you would use that information to quote a price to the customer. Write an actual price quotation on the back of the page You have latitude on the format of your price quotation as long as your pricing is clear to the customer. You may neatly write your price quotation on the back of this page by hand, or you may type one on a separate page. ed