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Use the following information to answer #10 and #11 Custard's Bakery produces a pie that requires 2.6 pounds of fruit per pie. The allowance for
Use the following information to answer #10 and #11 Custard's Bakery produces a pie that requires 2.6 pounds of fruit per pie. The allowance for waste and spoilage per pie is.2 pounds and .1 pounds, respectively. The purchase price of fruit is $2 per pound, but a 4% discount is usually taken. Freight costs are $.10 per pound, and receiving and handling costs are $.07 per pound. The hourly wage rate is $12.00 per hour, but a raise which will average $.30 will go into effect soon. Payroll taxes are $1.20 per hour, and fringe benefits average $2.40 per hour. Standard production time is 1 hour per pie, and the allowance for rest periods and setup is.2 hours and .1 hours, respectively. The standard direct materials price per pound is: $2.17 O $2.09 O $2.00 O $2.13 Use the following information to answer #10 and #11 Custard's Bakery produces a pie that requires 2.6 pounds of fruit per pie. The allowance for waste and spoilage per pie is .2 pounds and .1 pounds, respectively. The purchase price of fruit is $2 per pound, but a 4% discount is usually taken. Freight costs are $.10 per pound, and receiving and handling costs are $.07 per pound. The hourly wage rate is $12.00 per hour, but a raise which will average $.30 will go into effect soon. Payroll taxes are $1.20 per hour, and fringe benefits average $2.40 per hour. Standard production time is 1 hour per pie, and the allowance for rest periods and setup is .2 hours and .1 hours, respectively. The standard direct materials quantity per unit is: O 2.6 pounds. O 2.9 pounds. 2.7 pounds. O 3.0 pounds
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