Question
Tsokolate Corp. is a cookie company in Batangas City that produces and sells chocolate chip cookies with extremely high quality and service. The owner would
Tsokolate Corp. is a cookie company in Batangas City that produces and sells chocolate chip cookies with extremely high quality and service. The owner would like to identify the various costs incurred during each year in order to plan and control the costs in the business. Tsokolate's costs are the following:
Utilities for the bakery 2,100,000 Required:
Paper used in packaging product 90,000 1. What is the total
Salaries and wages in the bakery 19,500,000 amount of product
Cookie ingredients 35,000,000 costs?
Bakery labor and fringe benefits 1,300,000
Administrative costs 1,000,000 2. What is the total
Bakery equipment maintenance 800,000 amount of period
Depreciation of bakery plant and equipment 2,000,000 costs?
Uniforms 400,000
Insurance for the bakery 900,000
Rent for administration offices 17,200,000
Advertising 1,900,000
Boxes, bags, and cups used in the bakery 1,100,000
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